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> Homeownership rates in the US are fine except in a few coastal areas California notably. Also see discussion at: https://news.ycombinator.com/item?id=404906
by musicale 2y ago
> Homeownership rates in the US are fine except in a few coastal areas
California notably.
Also see discussion at: https://news.ycombinator.com/item?id=40490610 https://news.ycombinator.com/item?id=40490610
Of course it's not just housing that has become more expensive – health care and higher education costs have also outpaced inflation for decades.
- astrange 2y ago> Of course it's not just housing that has become more expensive – health care and higher education costs have also outpaced inflation for decades. This one's partly natural for Baumol reasons - basically, having any highly paid industry near you raises the price for any service. But it's also partly the US has many bad ideas intended to create explicit limits on supply in healthcare, like limited residency seats and certificates of need for hospitals.