Why Home Prices Grew Faster Than Income? πŸ™

by raishelannaa

7 Comments

  1. Evening-Turnip8407

    Bubbles used to burst easier back in the day

  2. Unions were busted, and wages no longer increased.

  3. tomp777

    Because the avg house today is the same size as a mansion back in 1980.

  4. Nervous_Ad_8441

    Land cannot be produced. Being a fixed supply, whenever demand increases, there’s nothing to slow prices from rising. Literally zero elasticity.

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