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It’s a complex feedback loop. On one hand the economy is great. On the other the housing policy is completely messed up. So you get a lot of new wealth that tha
by lovecg 2y ago
It’s a complex feedback loop. On one hand the economy is great. On the other the housing policy is completely messed up. So you get a lot of new wealth that than chases too few houses, pushing everyone else out.
- jquery 2y agoHousing policy is finally changing, with the state government forcing municipalities to build. Hopefully that leads to a slower growth in prices (with such a red hot economy, I don't expect prices to fall much, if at all).