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If the class of people who buy houses (people with assets and deposits) get wealthier then house prices go up. As you say, people who aren't buying houses anyw
by chrisseaton 5y ago
If the class of people who buy houses (people with assets and deposits) get wealthier then house prices go up.
As you say, people who aren't buying houses anyway not getting richer doesn't have any impact on the price of houses.
- coldtea 5y agoI guess so, but it makes sense to be surprised when house prices (and rent) goes up, in 2 years when most people get fucked over financially.