Re:The housing shortage is larger than you think
by iteratethis on Tuesday December 19, 2023 @05:47PM
(#38702996)
I'd say that most people do not buy a house for the investment. They actually live in it and any value appreciation is a side-effect. A pleasant one, but not the primary goal of the purchase.
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Re:The housing shortage is larger than you think
by davidw on Tuesday December 19, 2023 @05:55PM
(#38703092)
Here's a chart of homeowner gains vs developer profits. It's a bit apples to oranges, but it gives you an idea of the scale of who benefits (at least on paper) from the housing crisis:
https://oregoneconomicanalysis.com/2021/03/16/who-benefits-f...
Ideally, I think, home prices would be fairly stable - neither appreciating a lot, nor dropping in value. Boring. That would also make them a 'bad' investment for corporations looking to make a buck by buying and holding.