31 ms·
High cost of housing and rent is driven just as much by regulations preventing new housing from being built.
by jimbokun 2y ago
High cost of housing and rent is driven just as much by regulations preventing new housing from being built.
- deleted 2y ago[deleted]
- ako 2y agoRegulations are causing the fact that housing prices follow purchasing power of potential buyers: it causes a shortage in supply, which means supply side can dictate prices. Prices will be what buyers can afford. Just wait for the next recession, housing prices will fall, even with the same regulations.