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A comment on Ask HN: Will we ever have affordable and attractive urban housing for all?. Parent comment

Re:Ask HN: Will we ever have affordable and attractive urban... by pessimizer on Saturday January 07, 2017 @10:05PM (#13348014)
The reason housing is so expensive is because it is a financial vehicle, and has little to do with housing density. It's a fantasy that building more will bring prices down.

Housing prices were remarkably consistent with all other prices for the 100 years before around 1998.

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Re:Ask HN: Will we ever have affordable and attractive urban... by bgitarts on Sunday January 08, 2017 @08:36AM (#13349635)
This argument doesn't past the smell test as it doesn't explain why home prices are less today in Detroit than 10 years ago and why home prices fell around the country in 2008.
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Re:Ask HN: Will we ever have affordable and attractive urban... by bbcbasic on Sunday January 08, 2017 @04:04AM (#13348982)
What changes in 1998? I'm guessing the appetite to lend (and thus create new) money and ever decreasing interest rates.
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