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which in turn potentially leads to a flowering of many new shops and storefronts and previously expensive rentals become affordable to ordinary people
by m0llusk 4y ago
which in turn potentially leads to a flowering of many new shops and storefronts and previously expensive rentals become affordable to ordinary people
- 8bitsrule 4y agoDownvaluing of a lot of real estate should help with this problem. What makes last decade's $200K house worth $800K ... except daydreaming? Let the speculators pay the price.
- listenallyall 4y agoVery low interest rates and trillions of dollars injected into the economy. And way more people choosing to live alone, or to rent out a spare house rather than sell it.
- more_corn 4y agoYou missed the critical word in the headline and article. This has nothing to do with houses.
- _8j50 4y agoBut also bailouts that heal on inflation and massive layoffs affecting would be home buyers and also the problem of people competing with companies and airbnb sellers is unsolved so you will have cheaper houses but i doubt it will last long because of this.