Why have housing costs rose so much in the past decades?

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Why have housing costs rose so much in the past decades?

In: Economics

13 Answers

Anonymous 0 Comments

Which country are you talking about here? It’s a nuanced question with different variables depending on the nation. However, if we look at a world wide standing, the world tends to get economically richer, therefore everything rises with inflation and becomes more expensive. However when you look at it more microscopically, individual countries tend to have things influencing it such as land prices, material costs, labour costs, demand, supply.

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