4 ms·

Are you claiming that if America's housing supply literally doubled overnight prices wouldn't change?

• goodpoint 5y ago
  No, I just said that it's not an elastic market. Powerful entities like large investment funds can easily corner the market and push the prices up, which is exactly what happened in many cities across the world. Of course if the supply "literally doubled overnight" or pigs started to fly the prices would go down. For a number of years.