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> Unless the housing supply increases this will just be a temporary thing I'll go a half-step further and say that unless this is a result of broad actions tha
by TheSoftwareGuy 3y ago
> Unless the housing supply increases this will just be a temporary thing
I'll go a half-step further and say that unless this is a result of broad actions that have made home-building less costly, it will be temporary. Whenever house prices go down, home-builders become less incentivized to build new homes, and so less homes get built, and prices go up again. This will happen unless the price drop was a result of houses becoming easier to build