It's not always a question of the quantity of houses, but the affordability. Seeing rent being waaaay higher than mortgages were 30yrs ago is always shocking. The house i sold 15yrs ago for 600k is now worth 1.3m. And it would need a big renovation. This is sheer madness.

[–] Furball@sh.itjust.works 2 points 1 year ago (1 children)

Building more housing makes the price go down

[–] TurboHarbinger@feddit.cl 1 points 1 year ago (1 children)

There is a thing called real state bubble.

[–] AngryCommieKender@lemmy.world 0 points 1 year ago (1 children)

Great for the rich and investment firms, not so great for almost everyone else.

[–] TurboHarbinger@feddit.cl 1 points 1 year ago

Really? It sounds like a bad thing then.

[–] Grayox@lemmy.ml -2 points 1 year ago* (last edited 1 year ago)

What country?