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> It was a demand shock driven by federal stimulus. The few thousands in stimulus dollars was minor compared to two coasts of high income earners wanting to im
by com2kid 4y ago
> It was a demand shock driven by federal stimulus.
The few thousands in stimulus dollars was minor compared to two coasts of high income earners wanting to improve / expand their houses to support work from home.
$2,000 is almost nothing when it comes to home improvement. A couple large appliances, or maybe replacing 2 windows + trim.
There was also a huge demand for new houses in areas that traditionally had lower population density, this shift in living location also drove part of the housing boom.