Re:Priced out of home ownership – 'It makes me want to throw...
by AlexandrB on Monday May 27, 2024 @08:18PM
(#40496107)
That's contradicted by the provided OECD link that shows that in many countries the housing stock per capita has stayed the same or slightly increased since 2011. Yet prices continue to increase.
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Re:Priced out of home ownership – 'It makes me want to throw...
by ImJamal on Monday May 27, 2024 @10:33PM
(#40496829)
Are the houses equal though? If houses 20 years ago averaged 1500 square feet and 10 years ago averaged 2000 square feet it would increase the price even if they stock increased.
Re:Priced out of home ownership – 'It makes me want to throw...
by lotsofpulp on Tuesday May 28, 2024 @09:23AM
(#40500498)
But people per household has plummeted. Going from 6 to 4 to 2, see page 9. Combined with population pyramid flattening out, that is a lot of increase in demand for housing, until the population pyramid is upside down and more people are dying rather than being added to demand for housing.
https://genus.springeropen.com/counter/pdf/10.1186/s41118-02...