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All I hear from these threads is "more supply more supply increase the supply". What is the target here? Should everyone have a vacation home in every US city?
by jimbob45 5y ago
All I hear from these threads is "more supply more supply increase the supply". What is the target here? Should everyone have a vacation home in every US city? Should everyone be allowed unlimited houses to rent out in addition to the one they own?
We already have enough housing to house everyone in the US (including the homeless) with ease. Where are we going to draw the line in the name of investment and speculation?
- mbg721 5y agoI used to think the issue was "Yes, there are houses you can buy, but not enough in the places where the jobs are.". Now I'm less convinced, just because near me, I hear about bidding wars in neighborhoods that have no good reason to be trendy.
- sofixa 5y agoThe article is about the ECB, so the EU, not US. In any case, housing not where people want it isn't of much use. There are ongoing shortages of housing in many of the big cities in France, Germany, Netherlands. Semi-abandoned houses in the middle of nowhere don't help with that.