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by mortureb
1002 days ago
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Not if the government keeps building new housing like this article is mentioning. There will always be supply. Like I mentioned in another comment it’s different if the housing is being built simultaneously nationwide, like Japan, then people don’t have an option. That represents a nationwide shift in mentality where housing is no longer an investment. Cars are pretty evenly priced across the nation (within a few thousand) so people don’t have an alternative. But that’s not the case here. |
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The speed of building is limited and may be below demand.
Often in conclusions like this a particular trend is getting extrapolated outside of the applicability region, becoming invalid.