@[email protected] to [email protected] • 2 years ago'America will become a renter nation': Grant Cardone warns the US could see 100-year mortgages — says we might even rent our clothesfinance.yahoo.comexternal-linkmessage-square170fedilinkarrow-up1378
arrow-up1378external-link'America will become a renter nation': Grant Cardone warns the US could see 100-year mortgages — says we might even rent our clothesfinance.yahoo.com@[email protected] to [email protected] • 2 years agomessage-square170fedilink
minus-square@[email protected]linkfedilink1•2 years agoAll that sounds good, but how does it solve the issue of scarcity in major cities? Where there is not enough supply to meet demand? It seems to me that it would just become a first-come, first-serve basis.
minus-square@[email protected]linkfedilink1•2 years agothe shortage is of affordable housing, not housing. there are plenty of houses, they just aren’t affordable, so all of my points re: housing would help.
minus-square@[email protected]linkfedilink1•edit-22 years agoThey aren’t affordable because of supply and demand. There’s low supply and high demand which causes prices to increase. Someone can afford them, just not you or anyone you know.
All that sounds good, but how does it solve the issue of scarcity in major cities? Where there is not enough supply to meet demand?
It seems to me that it would just become a first-come, first-serve basis.
the shortage is of affordable housing, not housing.
there are plenty of houses, they just aren’t affordable, so all of my points re: housing would help.
They aren’t affordable because of supply and demand.
There’s low supply and high demand which causes prices to increase.
Someone can afford them, just not you or anyone you know.