4 ms·
Investment in housing and low interest rates would actually spur new construction and thus reduce rents if the housing supply were more elastic. It is the fact
by yonran 8y ago
Investment in housing and low interest rates would actually spur new construction and thus reduce rents if the housing supply were more elastic. It is the fact that supply is inelastic in a few cities that makes investment harmful for homebuyers.
- supercanuck 8y agoAnd technically the market has responded by the plethora of low cost housing all over the city. Tents.