3 ms·
As long as we agree that "solving" the housing "crisis" is futile at this ratio. This recent study estimates we need 20% more houses to drop prices by 10%. Curr
by Tempest1981 9y ago
As long as we agree that "solving" the housing "crisis" is futile at this ratio. This recent study estimates we need 20% more houses to drop prices by 10%. Current rate is maybe 2%/yr. http://www.mercurynews.com/2017/09/27/building-boom-may-merely-slow-soaring-bay-area-home-prices-economists/ http://www.mercurynews.com/2017/09/27/building-boom-may-mere...