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Housing is scarce because of investors buying it and then effectively wasting it, not because there are too many people.
by trasz 4y ago
Housing is scarce because of investors buying it and then effectively wasting it, not because there are too many people.
- deleted 4y ago[deleted]
- RHSeeger 4y agoYou're oversimplifying with that statement. There are many reasons why housing is scarce, and that is only one of them. - Existing homeowners trying to prevent denser/more housing - Regulations and codes that make building much more expensive - (As you noted) existing housing being wasted as an investment and I'm sure there's much more.