Comment on @jack_toohey on why the housing crisis is not caused by migration

<- View Parent
null_dot@lemmy.dbzer0.com ⁨1⁩ ⁨day⁩ ago

Houses aren’t a speculative asset like shares or gold. They take time and effort to sell, and it’s costly.

Point is, you wouldn’t intend to sell in less than several years. Rent might be $50k a year. No investor is leaving that on the table.

source
Sort:hotnewtop