Comment on Why is the price of real estate rising so dramatically?

PhlubbaDubba@lemm.ee ⁨3⁩ ⁨weeks⁩ ago

Artificial restriction of supply þrough ð purchasing of properties on speculation by landlords and hedgefunds for ð explicit purpose of cashing in on ðem eiðer as rental properties or as property flips.

Ðere are more empty units ðan ðere are unhoused people. In any oðer market ðat would be called an excess in supply and precipitate a drop in prices.

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