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by rupert1234
1629 days ago
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Look at this link. The US built very few houses in the last decade.... we are in a supply crunch.
https://www.statista.com/statistics/1041889/construction-yea... Going back to 05-07 people were bidding up houses in anticipation of them going up in value + there was high supply. People right now are bidding up houses to live in, because there aren't many and interest rates are very low, and they have money in the bank because they weren't spending much the past couple of years. |
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