Re:Price shocks in formative years scar consumption for life
by charlieflowers on Wednesday June 15, 2022 @10:54AM
(#31753848)
Everyone sells 30 years of their future for a house, so you’re competing with that. On top of that, when prices rise people can leapfrog into more expensive houses, and you’re competing with that. Finally there’s a lot of corporate and private investing money in single family housing. It’s fucked up. But many do predict a decline or even crash soon.
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