@[email protected]M to Housing Bubble 2: Return of the Ugly @lemmy.worldEnglish • 2 months agoHome builders now have 102,000 completed, unsold homes sitting on their builder lots. This is the highest level since 2009lemmy.worldimagemessage-square6fedilinkarrow-up133arrow-down11
arrow-up132arrow-down1imageHome builders now have 102,000 completed, unsold homes sitting on their builder lots. This is the highest level since 2009lemmy.world@[email protected]M to Housing Bubble 2: Return of the Ugly @lemmy.worldEnglish • 2 months agomessage-square6fedilink
minus-square@MnemnosynelinkEnglish14•2 months agoThat means prices are coming way down, right? I mean, we’ve been told that’s how it works in capitalism, right? High supply means prices go down, so we’ll be having bargain sale prices for homes pretty soon! Surely capitalism wouldn’t lie to us…right?
That means prices are coming way down, right? I mean, we’ve been told that’s how it works in capitalism, right? High supply means prices go down, so we’ll be having bargain sale prices for homes pretty soon!
Surely capitalism wouldn’t lie to us…right?