2 ms·
They don’t go to 90% because people will opt to buy or move. Will the same happen when everyone makes x more? Only if house ownership costs remain flat. I don’
by DSingularity 6y ago
They don’t go to 90% because people will opt to buy or move.
Will the same happen when everyone makes x more? Only if house ownership costs remain flat. I don’t think that will happen - cost and demand.
- djrobstep 6y ago"Everyone" doesn't make x more, some people make less. There's no more money overall. Money is just shifted around. Demand will increase on housing (particularly in the low end), but so will supply.