Why do people say there aren’t enough houses when discussing house prices?

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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

24 Answers

Anonymous 0 Comments

It’s bullshit. Homeless people aren’t homeless because lack of housing. And poor people are forced to rent. There’s still houses to rent. If you’re looking for a house, there’s always houses on the market.

Meaning the problem is the government who has allowed a system where you can buy a house as an investment. Get people to rent it and make money off it. That’s the whole issue.

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