3 ms·
Indeed. This gets at the root of the problem. Housing can't be both affordable and a great investment at the same time. The latter requires high (and increasing
by im_down_w_otp 7y ago
Indeed. This gets at the root of the problem. Housing can't be both affordable and a great investment at the same time. The latter requires high (and increasing) asset value which eventually precludes the former being increasingly affordable.
The problem with housing is a lot deeper rooted than basic Econ 101 supply & demand models can address.