I'm no economist by any means but most armchair experts I interact tend to believe that this drive in pricing comes from low yield government spending, increased immigration and of course lower rate of residences being built.
IMO, altering immigration levels would have the most tangible affect on the housing and jobs (unsure about the US). I'm not bullish on the idea that we can build residences quickly and the government spending is hard to control with poor financial auditing among the current administration.
IMO, altering immigration levels would have the most tangible affect on the housing and jobs (unsure about the US). I'm not bullish on the idea that we can build residences quickly and the government spending is hard to control with poor financial auditing among the current administration.