3 ms·
The housing market is much more inelastic than eg. the cars market. Whether demand in housing is infinte is a question of scale of population and wealth growth
by throwawayqqq11 1y ago
The housing market is much more inelastic than eg. the cars market. Whether demand in housing is infinte is a question of scale of population and wealth growth and elasticity. With that given, i would assume the postulated effect of run-off construction and renting, but we only have poluation growth and not the other two.