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Homes Are Unaffordable for Wage Workers in 71% of U.S. Counties
submitted 4 years ago by magnora7 from us.politsturm.com
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[–]compultantuser 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 4 years ago (0 children)
Asset inflation can't go on forever. Home prices are inflated by historically low interest rates.
If we want houses to become more affordable we need somewhere more productive for capital to go, and to raise interest rates.
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[–]compultantuser 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (0 children)