> I suspect that most housing demand stems from just people wanting in on this (subsidized) investment. From what I can tell, this is the retirement plan founda

> I suspect that most housing demand stems from just people wanting in on this (subsidized) investment. From what I can tell, this is the retirement plan foundation for many Americans. Renting hardly makes sense when buying is an option. Instead of giving your landlord $2k a month or $24,000 a year, it goes into a de-facto savings account that either keeps its value or goes up in value in case you ever need to sell it (with the only obstacles being times like right now where the high interest rates make it hard for prospective buyers to qualify - a $2,500 payment house at 2% from 2022 is $4,000 today at 7%).