[telxos]

In America, we have just made it too difficult to build new houses.

We have short circuited the market equilibrium.

The real way to make money here would be in building new houses. It is somewhat odd to me how this point never comes up. At least where I am, there is absolutely no shortage of land that could have new houses built but there is so much red tape it is not a good investment. This is especially true when we juice the stock market constantly to create a much better alternate investment.

Of course, any real problem in the world is multivariate but we like to dimensionality reduce everything to a single variable.

Hedge funds buying single family homes is bullshit. Not building enough new homes while giving everyone money borrowed from the future and rules to promote home buying has obvious consequences on price and supply though.