3 ms·
Money laundering raising comps and everyone else then using those comps to justify prices. Incredibly cheap money, and everyone wanting to live in a house inst
by boringg 6y ago
Money laundering raising comps and everyone else then using those comps to justify prices. Incredibly cheap money, and everyone wanting to live in a house instead of condo/apartment. Demand is >> supply - limited supply means the prices rise. Doesn't explain everything but certainly points to some of the what I will say is insanity in the market.
- bordercases 6y agoI like this view because it integrates the supply and demand factors in the prices.