Supply and demand, yes. I have a loan at or below zero that you can't have, and if I sell the house I can't have it either. There is low supply available and

Supply and demand, yes. I have a loan at or below zero that you can't have, and if I sell the house I can't have it either. There is low supply available and high demand to keep them, which is tied to the house. The summation of supply and demand for the materials and land as well as the financial products attached to them are all considerations. But the most notable recent supply change is those tied to monetary policy. Zoning, codes, regulations and trades licensing have been the steadier hands on the noose but less so impulses on the accumulator. The truth is you can get around all of those if you pay cash ( I built an uninspected shithole to live in for $30k that is uninsurable and unloanable and i cant get a certificate of occupancy) but the main market is mortgagable properties tied to monetary policy.