We do have 18,000,000 empty ones though. If wages had kept up with everything else for the last 30 years we wouldn't be having this problem would we?
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Bingo steve or maybe build more affordable new houses. Theres not a ton of people who can afford a new $350k price tag.
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Flint, Michigan could benefit from gentrification...
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How about trying to do a investigative report on the inventory of homes on the books of Fannie Mae, Freddie Mac, and HUD and that are not listed for sale?
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Home prices rising rapidly due to lack of supply. Price is a function of supply & demand. Supply shortage due to lack of labor and regulations. Gov’t caused this. Gov’t can fix it. Let a seasonal migrant workforce enter legally, quickly. Roll back the onerous regulations
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How many homes do rich people need? They're the only ones with any certainty of money. The working person sure doesn't have any, and cannot rely on upward mobility. We're either stuck in place or fearing being totally displaced
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If he has 3 homes, i don't recall him crying for a tax break to maintain, like Trump, who has left a lot Americans homeless in Puerto after a natural disaster. Is there room for them at any of numerous properties now being paid for by tax payers
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What was that about real estate shells to intentionally stagnate the market?
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There are plenty of houses for sale in my town for less than $150K. None new, all decent
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Everyone says that they want to build more homes, but how many are doing it?
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