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by brewdad 520 days ago
There is no appetite for increasing supply anywhere in the West. Maybe Trump will get us into WWIII and we can shift the demand curve.
1 comments

>There is no appetite for increasing supply anywhere in the West.

Every single person who currently is looking to rent or buy a house has appetite for increasing market supply.

None of those people have enough political power.
In Germany it is somewhere around 55% of the population.
In Germany lifelong renting is seen as a normal and acceptable thing to do, not a temporary stepping stone which will hinder you from achieving your life goals.
No it is not. A house is just totally impossible to finance with the average salary of two people, especially if you have children or a car.
In the US, it's a lot less than that.