
We’re passing through ‘the worst housing affordability crisis’ ever seen, former Housing Secretary says
https://fortune.com/2024/07/03/housing-affordability-crisis-ever-shaun-donovan/
by FUSeekMe69

We’re passing through ‘the worst housing affordability crisis’ ever seen, former Housing Secretary says
https://fortune.com/2024/07/03/housing-affordability-crisis-ever-shaun-donovan/
by FUSeekMe69
3 comments
At least , there’s paper.
Can we stop calling it an affordability problem? The reason prices are what they are is because people can afford it. Every house that is sold is affordable.
It is a housing shortage. The article agrees, but I think the general public needs to have the point driven that it is NOT an affordability issue, but a SUPPLY issue or else these fools will try to fix it by finding new ways to pay for homes – making them even more expensive.
Make all the giant corporations who are hoarding houses sell them to real people.