prices go up because people are willing to pay it
Funny, housing isn't optional and is driven by credit availability which has increased relative to income as interest rates have fallen 3% in the last 20 years. Immigration and divorces drive up demand for housing, especially 2 homes for every joint custody child.
If you think minimum wages should go up
In 2018 dollars, only the top 5% of earners have experienced an increase in real income since 1999. Wages, across the board have been flat for decades.
>prices go up because people are willing to pay it
Funny, housing isn't optional and is driven by credit availability which has increased relative to income as interest rates have fallen 3% in the last 20 years. Immigration and divorces drive up demand for housing, especially 2 homes for every joint custody child.
>If you think minimum wages should go up
In 2018 dollars, only the top 5% of earners have experienced an increase in real income since 1999. Wages, across the board have been flat for decades.
Home ownership isn't housing. Owning a home is optional.
Home ownership isn't housing. Owning a home is optional.
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