4 ms·
My concern is that the market incentivizes building at the higher end. People who can "only" afford a 4m home will be helped by the home builders who will build
by gitfan86 2y ago
My concern is that the market incentivizes building at the higher end. People who can "only" afford a 4m home will be helped by the home builders who will build plenty of 3m homes but the people who can only afford 400k are getting very few homes built for them.
- baggy_trough 2y agoWhen you move into a 3m home, you generally leave a vacancy in a sub-3m home.
- silverquiet 2y agoYeah, but if the interest is sub-3% on a mortgage that's like half value of the hose, you can probably rent the sub-3m home at a profit while it appreciates.
- bryanlarsen 2y agoWhether they rent or sell the old house, it's available to a new family.