3 ms·
> Eh. Part of the reason is that living in the US is just plain expensive. This is backwards. The point of the article and the GP is to explain why it's expen
by lordnacho 5y ago
> Eh. Part of the reason is that living in the US is just plain expensive.
This is backwards. The point of the article and the GP is to explain why it's expensive. Reason seems to be low rates -> assets inflate. Naturally those assets tend to be in the hands of older/wealthier people.
- kiba 5y agoPart of it. The inability to increase housing supply meant that the inflation of home value cannot be blunted.