It posits that the high prices are caused by rich people parking their money in houses. It explains many problems with a few variables.
While it's not the whole picture, it explains why the middle class is getting squeezed out of house ownership. And why stimulus package didn't much help.
https://www.youtube.com/watch?v=kNUNR2NZvFM
It posits that the high prices are caused by rich people parking their money in houses. It explains many problems with a few variables.
While it's not the whole picture, it explains why the middle class is getting squeezed out of house ownership. And why stimulus package didn't much help.