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A comment on Solving the housing crisis requires fighting monopolies in construction (2020). Parent comment

Re:Solving the housing crisis requires fighting monopolies i... by riku_iki on Saturday June 04, 2022 @10:59PM (#31627593)
> it is less to do with Fed policy

How did you quantify "less"? Low Fed rate made mortgage body 60-70% cheaper, hence prices are higher.

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Re:Solving the housing crisis requires fighting monopolies i... by Panzer04 on Sunday June 05, 2022 @08:12AM (#31630276)
In a competitive market, prices are determined by the lowest seller, not the highest buyer.
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Re:Solving the housing crisis requires fighting monopolies i... by riku_iki on Monday June 06, 2022 @03:28PM (#31644879)
prices are obviously determined by balance between supply and demand. Seller is obviously interest to rise his prices if there are many buyers competing for his bid.
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