6 ms·
Wow. This is what happens when it's too easy to borrow money.
by darkstar999 10y ago
Wow. This is what happens when it's too easy to borrow money.
- dmix 10y agoPossibly, but only easy to borrow money to buy homes...rather than build more homes, otherwise that'd drive prices down.
- titanomachy 10y agoThere's lots of development, but it takes time to see the effects of that. The recent spike in prices has been extremely fast, up by 20% in 2015. Also, the city has to approve any increases in density, which doesn't happen overnight. Faster than silicon valley, though.