3 ms·

> What about housing makes it so exceptional that it's something that applies to everything else but not homes? I wrote already: low interest risk free(because

> What about housing makes it so exceptional that it's something that applies to everything else but not homes? I wrote already: low interest risk free(because of foreclosure) loans. So this is risk free leveraged investment and even with tax benefits. I don't know anything else like that.

ProfessorLayton 3y ago
Again, this doesn't happen [Edit: Home prices don't rise] where buyers don't compete.
- riku_iki 3y ago
  doesn't happen what exactly? availability of loans is orthogonal to competition.
- riku_iki 3y ago
  > Edit: Home prices don't rise] where buyers don't compete. I answered this too already: inventory indeed is not high enough to satisfy all investors.