bubble bubble

https://charleshughsmith.substack.com/p/heres-why-housing-is-unaffordable

it's a financial bubble
if you can't use capital to start businesses that manufacture things then capital has to go to real estate speculation.

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BritishFailedAesthetic · M

Housing shouldn't be unaffordable for anyone- reform is needed.

pdxlinux · 41-45, M

@BritishFailedAesthetic if you have any suggestions or power to make changes, please do. if i understand the article correctly, the author blames USA fed reserve monetary policy. the very rich, even though they are affected by inflation too, are able to control and acquire much more real estate than they could before.

NativePortlander1970

@BritishFailedAesthetic Read my own comment.