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Housing prices (thelemmy.club)
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[-] Skyrmir@lemmy.world 1 points 1 day ago

The biggest reason is the number of households grew far faster than the number of houses. In constrained areas the number of households tripled, while the number of houses grew 20%. There's no financial reform that fixes that. In remote areas cheap financing and increasing costs for construction are the largest factors.

There's no single fix to home prices being insane. It's going to take multiple reforms, and time for markets to adjust, plus homes to be constructed.

this post was submitted on 11 Aug 2026
1158 points (98.9% liked)

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