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Why deny basic laws of supply and demand? Almost all economists agree low supply of homes is a factor. https://econofact.org/why-and-where-are-housing-prices-r
by cscurmudgeon 5y ago
Why deny basic laws of supply and demand? Almost all economists agree low supply of homes is a factor.
https://econofact.org/why-and-where-are-housing-prices-rising https://econofact.org/why-and-where-are-housing-prices-risin...
https://www.forbes.com/advisor/mortgages/homes-for-sale-hit-record-low/ https://www.forbes.com/advisor/mortgages/homes-for-sale-hit-...
https://www.barrons.com/articles/may-housing-starts-51623796605 https://www.barrons.com/articles/may-housing-starts-51623796...
Supplies are hitting record lows.
There will always be millions of temporarily vacant homes in a country the size of the US as people move in and out of homes.
Nobody is asking developers to build only "luxury condos". Where did you get that from?
- Epa095 5y ago>Nobody is asking developers to build only "luxury condos". Where did you get that from? He did not say that though... He commented that many got built, but withouth any indication of why. You read it as him claiming that 'someone is asking them'. I read it as a reflection on the uneven distribution of wealth (which unions can help with).
- cscurmudgeon 5y agoNot directly, but look at the last sentence. > are solution must always seem to involve paying for more things (this cases houses)