▲ 327 ▼ 'America will become a renter nation': Grant Cardone warns the US could see 100-year mortgages — says we might even rent our clothes (finance.yahoo.com) submitted 2 years ago by return2ozma@lemmy.world to c/news@lemmy.world 171 comments fedilink hide all child comments
[–] chitak166@lemmy.world -1 points 2 years ago (1 child) 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. permalink fedilink source parent hideshow 2 child comments replies: [–] funkless_eck@sh.itjust.works 1 point 2 years ago (1 child) 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. permalink fedilink source parent hideshow 2 child comments replies: [–] chitak166@lemmy.world -1 points 2 years ago* 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. permalink fedilink source parent
[–] funkless_eck@sh.itjust.works 1 point 2 years ago (1 child) 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. permalink fedilink source parent hideshow 2 child comments replies: [–] chitak166@lemmy.world -1 points 2 years ago* 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. permalink fedilink source parent
[–] chitak166@lemmy.world -1 points 2 years ago* 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. permalink fedilink source parent