Ive heard repeatedly when trying to learn about our housing situation that we don’t have enough homes. I don’t understand how that’s the case or if it’s even true. Who or what is stopping more homes from being built exactly? If the demand is so high and the supply is so low then the suppliers would obviously ramp up production, right?
In: Economics
Houses are being bought and RENTED out as income property.
The “owner” will never sell as long as you are making the mortgage payment for them.
“Home” not available for a home.
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