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In my country the number of apartments being built grew along with the prices - just before the pandemic it even beat a 50-year-old record. It's a textbook cas
by Tade0 3y ago
In my country the number of apartments being built grew along with the prices - just before the pandemic it even beat a 50-year-old record.
It's a textbook case of induced demand(for investment properties) and how construction cannot hope to keep up with it. It took a war in a neighbouring country for the madness to slow down(but not stop).