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Are you saying that if the housing market has 10 million homes and 7 million people live there, prices will continue to appreciate to stratospheric levels becau
by marvin 5y ago
Are you saying that if the housing market has 10 million homes and 7 million people live there, prices will continue to appreciate to stratospheric levels because someone will magically appear to buy the excess 3 million properties and leave them without tenants? That's what it sounds like to me.
- newaccount2021 5y agothere will never be a market with 1/3 of homes empty and surplus - where do the builders get the capital to pay for land and construction?
- BirdieNZ 5y agoThat does actually happen; see China, for example.