Understanding the Impact of Falling Housing Prices on Affordability
By
chmaynard
The bagel they save for the regulars. Don't skim, savour.
Summary
The article discusses the impact of falling housing prices in cities like Phoenix, Atlanta, and Miami, questioning the conventional wisdom that building more homes will make housing more affordable.
Key quotes
· 3 pulledIf you want to make housing more affordable, just build more of it. Supply and demand. Simple economics.
What happens when prices actually start to fall?
It’s already happening in places like Phoenix, Atlanta, Mia
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