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Because it's the explanation that doesn't require the rich and powerful to change their behaviour.
by mrkeen 2y ago
Because it's the explanation that doesn't require the rich and powerful to change their behaviour.
- tmnvix 2y agoYep. The shortage is overblown. Just look at past crashes (e.g. Ireland, Spain, etc). The crashes weren't caused by oversupply of housing, but a credit shortage. After the crash the so-called 'shortage' magically disappeared and people stopped talking about it (until the next boom).