Y
Hacker News
new
|
ask
|
show
|
jobs
by
Trumpi
965 days ago
> The real estate market is driven by speculation no?
No, it's driven by supply and demand.
1 comments
bradjohnson
965 days ago
It's really not.
link
Podgajski
965 days ago
Well, it is a demand, but not a supply and demand balance of housing supply, but a supply and demand balance of speculation. In other words, there’s a high demand for speculation (profit) in the housing market.
link