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re: Which generation is to blame for this country’s direction?

Posted on 7/17/23 at 8:59 am to
Posted by Chromdome35
NW Arkansas
Member since Nov 2010
6867 posts
Posted on 7/17/23 at 8:59 am to
There are a few primary factors driving the housing price inflation.

1) Short-term rentals (AirB&B)
2) The entrance of large financial firms into the real estate market
3) COVID - During the COVID period, the slowdown in new home construction caused prices to increase.
3a) Supply chain issues resulting from Covid


Maybe it's not generational and more a result of a confluence of factors.
Posted by TDTOM
Member since Jan 2021
14779 posts
Posted on 7/17/23 at 9:00 am to
There are pieces of shite of all generations.

But the answer is liberals.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48747 posts
Posted on 7/17/23 at 9:02 am to
quote:

There are a few primary factors driving the housing price inflation.

One of the biggest factors was the pace of the rate increases. They typically happen more gradually over time. You have tons of homeowners that are sitting on 2.5% mortgages that don't want to sell.
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