> So 79% of theses houses weren't sold? Likely they were bought by people who already have houses, as investments. Your logic, that over-expensive housing won

> So 79% of theses houses weren't sold? Likely they were bought by people who already have houses, as investments. Your logic, that over-expensive housing won't sell at all, only holds if people are only buying houses that they will live in: to a first approximation, people generally live in just one house.