Coming soon - Get a detailed view of why an account is flagged as spam!
view details

This post has been de-listed

It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.

21
Is Housing the last leg of inflation?
Post Body

From my understanding, most of the markets have resolved their post Covid lockdown issues. However, housing is still super high in many areas of the country, especially places that refuse to build more housing.

I work in construction, so I see a lot of new builds in my city if Charlotte. It's rents and housing is one of the fastest dropping in the United States. And the amount of luxury apartments that are about to drop in high demand areas, I can see prices drop even more by the end of the year.

If this is the case, would it be worth encouraging the private sector, especially in high demand areas to increase their housing supply so they can reduce their house prices?

Would this help reduce inflation more than raising rates and hoping people act the way the Fed wants them to, because it doesn't seem to be working.

Author
Account Strength
100%
Account Age
7 years
Verified Email
Yes
Verified Flair
No
Total Karma
29,431
Link Karma
2,766
Comment Karma
26,380
Profile updated: 2 days ago
Posts updated: 1 year ago

Subreddit

Post Details

We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.
Posted
7 months ago