3 ms·
In north america, housing has outpaced other costs because of a shift to near universal low-income families, then multi-generational families, plus capital flig
by version_five 3y ago
In north america, housing has outpaced other costs because of a shift to near universal low-income families, then multi-generational families, plus capital flight from other countries (china etc). There's some other factors (population growth, move to cities) but there are less important.
- version_five 3y agoLow-income should be "two-income"