So there will be enough housing... when my parents die? And you say this like it's a good thing?
>High prices are not by themselves evidence of a shortage.
Only if you're treating housing as an investment asset, rather than what it materially is: a durable good.
Not necessarily if the location is in demand such that it is seeing a net inflow of people.
So there will be enough housing... when my parents die? And you say this like it's a good thing?
>High prices are not by themselves evidence of a shortage.
Only if you're treating housing as an investment asset, rather than what it materially is: a durable good.