4 ms·
Just tried to be technical, since 'affordable' is debatable. What I'm asking is how would building houses for no reason help in the current circumstances. Would
by samsonradu 7y ago
Just tried to be technical, since 'affordable' is debatable. What I'm asking is how would building houses for no reason help in the current circumstances. Wouldn't the house also erode in value?
- JumpCrisscross 7y ago> how would building houses for no reason Stable housing prices are good for an economy. Next to negative rates, that’s a win. That’s the point.
- samsonradu 7y agoIf the prices are stable yes, but why would prices remain stable? Wouldn't this be arbitraged to the level of negative rates?