3 ms·
Sounds like you’d love deflation
by nonethewiser 3y ago
Sounds like you’d love deflation
- geerlingguy 3y agoThe problem is many people have been priced out of home ownership. Heck, I could not afford to buy the house I live in currently if I were purchasing it today (and my neighborhood is not nearly as insane as many others in my region in terms of inflated home prices).
- nluken 3y agoThere’s no need for deflation, at least in the long term. Just home prices that don’t increase relative to inflation.
- stefan_ 3y agoBecause an economy based on restricting housing for imaginary value gains is totally not a local maximum trap you have fallen headfirst into.