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422 sats \ 2 replies \ @kepford OP 5 Dec 2023 \ parent \ on: Will Bitcoin Solve the Housing Crisis? bitcoin
The other thing I heard was since the pandemic more millinials are desiring single family homes so that is increasing demand. Seems like interest rates should slow that though. Gotta suck though.
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10 sats \ 1 reply \ @Undisciplined 5 Dec 2023
The other part of millenials desiring single family homes since the pandemic, is people moving out of major cities. Both things have been happening for a while, but migration out of the biggest cities and into smaller cities has been the major trend in American domestic migration for many years now. That's why housing is in short supply in the places people are moving to.
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0 sats \ 0 replies \ @kepford OP 5 Dec 2023
Yep. My experience is anecdotal but I've seen it in Texas, Tennessee, and even in California.
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