@shortstories @RodrickSage Yes I recall someone, I think it was Mr. Trump, saying he wanted to bring down housing prices, and a bunch of boomers on the twitter website were complaining about it, primarily for the first reason you listed. Thank you friend.
Also fractional Reserve Lending + mortgages results in a raise in property costs compared to full reserve Lending only or not being allowed to get home loans or stricter loan requirements
@shortstories @RodrickSage I think two income households also play a big part. The average buyer will have about twice the money available to buy houses now than in the past, so the market naturally charges more to account for this. Thank you friend.
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@bebe @shortstories yes cuz landlord/sellers see more money and it becomes a seller's market.
its like someone rents a commercial property for a thousand, the shops is on the green, and at the end of the contract the landlord tell the shop owner " am going to double your rent, am see a lot of profit going your way. "
