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0 pointspwarner7mo ago0 comments

But that's a supply problem. Create the supply, prices will drop and that bubble and generational wealth challenge begins to heal.

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entropicdrifter7mo ago

The US has 28 empty homes for every homeless person.

It's a market manipulation problem that's not going to go away for as long as we maintain the perverse incentive of using real estate as an investment vehicle. Japan has never had this problem and likely never will because housing depreciates in value there like cars. A 30-year-old house is often worthless or near-worthless in Japan.

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0 pointspwarner7mo ago0 comments

But that's a supply problem. Create the supply, prices will drop and that bubble and generational wealth challenge begins to heal.

0 comments

entropicdrifter7mo ago

The US has 28 empty homes for every homeless person.

j / k navigate · click thread line to collapse