Hacker News new | ask | show | jobs
by phkahler 769 days ago
>> Ironically, "building more housing" still solves this problem.

Raising interest rates may help too. How many of those purchases are financed? I'm guessing a lot. The commercial side got screwed when they needed to refinance underperforming properties at higher interest rates.

1 comments

Builders rely heavily on financing, so high interest rates hurts the supply side too.