41 sats \ 2 replies \ @WeAreAllSatoshi 1 Mar \ parent \ on: U.S. Median House Prices vs. Income charts_and_numbers
Meaning homes are being bought up and hoarded to serve as rental properties, so if you want to buy a home to actually live in, the supply is decreased, and therefore prices go up? Or did you mean something else?
I wouldn't say "hoarded" since they're actually being used, but yes that's what I'm talking about. The utility of homes has increased, because of a new use for them. That's a demand increase.
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Cool, makes sense. Thank you!
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