Let’s hear what Realtors have to say. But first, let’s define the problem. “The main problem facing the housing market, a historic lack of supply caused by years of underbuilding after the financial crisis of 2007-2008, is a shortage on the order of 2.5 – 7.2 million homes ac[...]
Posts Tagged ‘Housing Crisis’
Who’s to blame for the housing crisis?
Capitalism is. I’m not saying there’s a better system for supplying homes, owned or rented, to everyone who needs them. Nobody in America wants to live in Soviet housing. Rather, I’m reacting to an NPR article (here) which, like many journalistic endeavors, begins with an anecdote:[...]
Would deporting illegals make housing cheaper?
I’m thinking yes, if you deport several million of them, simply because it would bring housing demand closer in line with housing supply. That’s because America has a housing shortage, and if you reduce the number of people who need housing, you can end the game of musical chairs and bri[...]
What’s with sky-high home prices?
Young adults starting out can’t buy houses in Washington (or in a lot of other places). A Seattle Times article (here) of May 12, 2024, says two-thirds of Washington’s under-35 adults are renting, and in King County three-fourths are, many because they can’t afford starter homes. T[...]
December 14th, 2021 - 10:30 am § in Economics, Environment
When construction lumber should be subsidized
Particle board and other lumber products are a lot more expensive than pre-pandemic, but that’s not why I’m posting about this. California has a wildfire problem, and the world has a climate change problem. A partial — and I emphasize only partial — contribution toward solvin[...]
Tucker Carlson falsely blames refugees for housing shortage
Ranting about America’s housing crisis, which is real enough, Fox host Tucker Carlson told his gullible audience, “So, why is it happening? Well, lots of reasons, but one reason it’s happening is America is becoming a lot more crowded than it ever was, and one of the reasons for th[...]