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The dominant factor driving house prices is mortgage credit inflation, not supply and demand, both the hypothesis and the data for this are very strong. See fo
by hn0 9y ago
The dominant factor driving house prices is mortgage credit inflation, not supply and demand, both the hypothesis and the data for this are very strong.
See for instance:
https://seekingalpha.com/amp/article/4161999-mother-deflations https://seekingalpha.com/amp/article/4161999-mother-deflatio...