this post was submitted on 23 Oct 2024
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Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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They're not vacant, they're just waiting for better matket conditions (lemmy.world)
submitted 3 days ago* (last edited 1 day ago) by [email protected] to c/[email protected]
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[โ€“] [email protected] 0 points 2 days ago (1 children)

What difference does that make? This is about housing prices, not capacity.

[โ€“] [email protected] 0 points 2 days ago

The cost of housing isn't just the price of the unit. If you need to spend an extra $500/mo on the commute, plus random budget buster repairs, a "cheap" house can be less affordable than an "expensive" one.