Theories are usually founded on facts, premises, and presumptions (but not random assumptions). They're reasonably educated determinations.
Theories are usually founded on facts, premises, and presumptions (but not random assumptions). They're reasonably educated determinations.
Not trying to dispute you, just wondering what I overlooked reading that article. 3/
Not trying to dispute you, just wondering what I overlooked reading that article. 3/
"However, widespread inventory shortages and persistent demand for housing will likely keep home prices (and price-to-income ratios) historically high, an indication of the growing and persistent unaffordability potential homebuyers face." 2/
"However, widespread inventory shortages and persistent demand for housing will likely keep home prices (and price-to-income ratios) historically high, an indication of the growing and persistent unaffordability potential homebuyers face." 2/
The article you shared discusses price-to-income ratios increasing across the nation over the last several decades. But that is not really a rebuttal to the claim that new luxury-housing construction creates a downward pressure on the cost on currently 1/
The article you shared discusses price-to-income ratios increasing across the nation over the last several decades. But that is not really a rebuttal to the claim that new luxury-housing construction creates a downward pressure on the cost on currently 1/