41 sats \ 2 replies \ @WeAreAllSatoshi 1 Mar \ parent \ on: U.S. Median House Prices vs. Income charts
It's worth noting that Air BnB has changed the value of homes.
Meaning homes are being bought up and hoarded to serve as rental properties, so if you want to buy a home to actually live in, the supply is decreased, and therefore prices go up? Or did you mean something else?
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30 sats \ 1 reply \ @Undisciplined 1 Mar
I wouldn't say "hoarded" since they're actually being used, but yes that's what I'm talking about. The utility of homes has increased, because of a new use for them. That's a demand increase.
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31 sats \ 0 replies \ @WeAreAllSatoshi 1 Mar
Cool, makes sense. Thank you!
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