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Re:It's the Housing, Stupid by npc_anon on Monday August 18, 2025 @10:21AM (#44940949)
In a situation of supply scarcity all the market needs to do to function is to sell this limited supply. And this does not require the median citizen to be able to afford this supply. Thus the market isn't even irrational.
Re:It's the Housing, Stupid by Eddy_Viscosity2 on Monday August 18, 2025 @10:48AM (#44941233)
All those tax cuts to the super rich have to go somewhere. Buying up property is one of them.
Re:It's the Housing, Stupid by Ekaros on Monday August 18, 2025 @02:26PM (#44943735)
More so you need to generate the money that goes into stocks and other assets from somewhere. This seem to be done either by government debt or by debt against increasing home values...