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The market rate goes up at an artificially inflated rate due to constraints on housing construction. If you want affordable housing you build more housing. It’s
by more_corn 1y ago
The market rate goes up at an artificially inflated rate due to constraints on housing construction. If you want affordable housing you build more housing. It’s basic economics.
- brudgers 1y agoThe market rate goes up because higher prices are more profitable. Most real estate is not owned by willing sellers. And most real estate is not leveraged. Most real estate is a place to park wealth. And selling to wealth is a better business model than selling to poverty.