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Good for housing investors though (sarcasm). But yea, it is very easy for the government to "improve" economic situation by increasing the house prices. First o
by octacat 3y ago
Good for housing investors though (sarcasm).
But yea, it is very easy for the government to "improve" economic situation by increasing the house prices.
First of all, we build less = less money spent on the new infrastructure, profit.
And if the prices go up, everyone who has a house gets more wealthy (except they cannot sell that, because they would become homeless).
Also, makes banking very stable, if everyone knows mortgages are "very nice investment".