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Replying to Avatar Ben Arc

Interesting.

Ive started to think where I live in the UK (where most peoples wealth is in their house) the amount of houses constructed is carefully managed to ensure prices don't go down. Any "housing crisis" could easily be fixed (build more houses), but the supply/demand economic incentives are out of whack. It's a covert lever of the economy.

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Nic 10mo ago

We have the same issue in Canada. Everyone's savings are in their houses, and our government's GDP relies on the real estate market. Therefore, the bubble must keep inflating.

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