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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 mgh2 on Wednesday November 24, 2021 @07:23PM (#29336870)
Hoping for the FED raise interest rates and the zoning law prohibition to take its effect in CA, house supply to increase and tank the market.
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Re:Low interest rates in advanced countries have pushed mone... by new_realist on Wednesday November 24, 2021 @07:30PM (#29336910)
That would be only temporary. Building more houses decreases prices like building more roads decreases traffic. It doesn’t. Humans are animals and, like any animal, will breed into any available habitat until it is full.
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Re:Low interest rates in advanced countries have pushed mone... by almost_usual on Thursday November 25, 2021 @12:21AM (#29338441)
Only means older SFH in CA will get much more expensive, especially in HOA neighborhoods.
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