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A comment on Low interest rates in advanced countries have pushed money into real estate. Parent comment

Re:Low interest rates in advanced countries have pushed mone... by wallacoloo on Wednesday November 24, 2021 @05:01PM (#29335691)
> If the valuation of real estate in relation to income globally reverts to long-term historical norms […]

a lot of everyday people will tell you that just won’t happen. that governments perceive the risk of falling home values to be so large that they will do everything in their power to prevent that from happening.

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Re:Low interest rates in advanced countries have pushed mone... by Gigachad on Thursday November 25, 2021 @12:45AM (#29338552)
That does seem to be what happens. In Australia, if the prices of houses even look to be standing still, the government will hand out taxpayer money to buyers to prop the prices up. Or they will let people withdraw from their retirement funds to buy.
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