this post was submitted on 14 Nov 2024
43 points (92.2% liked)
Housing Bubble 2: Return of the Ugly
379 readers
1 users here now
A community for discussing and documenting the second great housing bubble.
founded 9 months ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yeah, people can't afford to buy. It has nothing to do with not wanting to.
The only way this article becomes plausible is if the average person was spending/saving/investing their money else where...
We're not though because it doesn't exist...
Most people that are buying a house look at it as an investment in itself. Even if the property only holds it's value rather than rising the way it has for the last few decades, it's still valuable equity.