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by cycrutchfield 1073 days ago
Ironically, you cite some other boogeymen. They are high mostly because not enough housing is being built to meet demand.
2 comments

> Ironically, you cite some other boogeymen

Inflation is a fact. Globalization is a fact. Money is flowing from the entire planet into the US to find stable places to store it.

If money is flowing to the US to buy real estate, I say good. That’s more money being pumped into our economy, more money going to local communities via property taxes. Let’s build more real estate meet this demand.
And the one that is being built is then rented out daily on sites like AirBnB instead of monthly/yearly to locals.