4 ms·

If housing is being constructed at the rate of X per month. And population is increasing at X*2 per month. Nothing else matters. House prices will go up overal

If housing is being constructed at the rate of X per month. And population is increasing at X*2 per month. Nothing else matters. House prices will go up overall. Basic supply and demand.

bombcar 4y ago
Yeah, I was pointing out you can have an "investment" even if all the other supply issues are solved (enough houses are built to satisfy demand, etc, real appreciation is basically zero).
ClumsyPilot 4y ago
In the past 30 Years Berlin had housing go up in value 10x but population went up 1%. Look it up The current financial system created the housing criss.
- Steltek 4y ago
  In my town, population went down but children-per-family decreased even more, effectively raising the number of households/family-units that needed separate homes. A raw population count is not always what it seems.
  - ClumsyPilot 4y ago
    If we take that view, we need population to fall by 40% just for house prices to not grow?
    - ensignavenger 4y ago
      No- we need to build more homes.