Re:Investors bought a record share of U.S. homes in 2021
by countvonbalzac on Thursday February 17, 2022 @12:28PM
(#30375953)
No, it's very clearly land use policies that artificially reduce the number of housing units in this country.
[ Parent
| on HN ]
Re:Investors bought a record share of U.S. homes in 2021
by CapmCrackaWaka on Thursday February 17, 2022 @01:42PM
(#30376906)
I'm not convinced by this[1]. It is true, if all municipalities suddenly let anyone build wherever they want, we would see prices fall. But that isn't the cause of the current price surge. The _cause_ is a surge in demand, not a restriction of supply.