4 ms·
And that doesn't really change anything in my argument, the correction is in the third digit. The housing ratio right now is close to the record-high level, and
by cyberax 2y ago
And that doesn't really change anything in my argument, the correction is in the third digit. The housing ratio right now is close to the record-high level, and surpassing that in 70-s and 80-s. And it certainly was not 1.6 in 1998.
- Aloisius 2y agoIndeed, I did copy that out wrong, but I don't think your argument that housing is substantially higher today than the 80s or 90s stands. Nor does today surpass all of the 80s. As I stated before, the ratio of units to households was a higher from 1984 to 1999 than today. It is higher than the 1970s, but there was a housing crisis in the 70s to early 80s, so that doesn't mean much, especially given it's a relatively recent change. 2012 to 2022 was worse than the 70s.