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No, it's housing. Housing is expensive b/c there is no supply, and you can't fix a supply side problem by putting more money on the demand side: that just enabl
by deathanatos 4y ago
No, it's housing. Housing is expensive b/c there is no supply, and you can't fix a supply side problem by putting more money on the demand side: that just enables people to bid higher than they already are, and the people selling what scant supply exists will pocket the additional cash. The same amount of people that today are below the point where supply meets demand will remain below it.