373 sats \ 1 reply \ @superstacker1 11 Apr \ on: Peter Thiel: To unshackle ourselves economically, start by attacking real estate econ
I doubt there is a real estate shortage in the U.S. considering that at least 15 percent of the housing stock is vacant and most properties are under utilized based on historical norms.
Houses are mostly viewed as a store of value and a hedge against inflation.
There is no real estate shortage. There is a use mismatch the market is about to take care of - too much commercial - too little residential.
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