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A comment on I live in my car: Parking lots open for those who can afford a car but not rent. Parent comment

Re:I live in my car: Parking lots open for those who can aff... by Trumpi on Sunday October 22, 2023 @11:15AM (#37976077)
> The real estate market is driven by speculation no?

No, it's driven by supply and demand.

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Re:I live in my car: Parking lots open for those who can aff... by bradjohnson on Sunday October 22, 2023 @11:41AM (#37976328)
It's really not.
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Re:I live in my car: Parking lots open for those who can aff... by Podgajski on Sunday October 22, 2023 @11:53AM (#37976440)
Well, it is a demand, but not a supply and demand balance of housing supply, but a supply and demand balance of speculation. In other words, there’s a high demand for speculation (profit) in the housing market.
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