|
|
|
|
|
by omegaworks
768 days ago
|
|
As long as cheaper lines of credit (or straight-up massive amounts of cash on hand) remain more available to RE corporations than regular people looking for their first home then no, building more housing will never solve the problem. There are structural problems with the demand side that also need addressing. |
|
It only seems that way because in many popular metros around the country, demand has far outstripped supply for decades.
The problem is "solved" in areas that aren't as popular, with zero regulation on who's allowed to purchase homes; ordinary people can buy ordinary homes on ordinary incomes. But aspirational young people don't tend to move to such areas.