you forgot that most country which has this house price problem actually build houses and apartment more than enough for all the homeless hence you would see lots of ghost town everywhere, economy now doesnt work as intended, you can build more house but without regulation despite the supply the price would still skyrocket like now
I didn’t forget anything. If we had an excess supply of houses, prices would be trending down, not up. “Ghost towns” aren’t really relevant because houses need to exist in places people want to live or they have no impact on demand.
The housing market isn’t black magic. It’s just a market.
you forgot that most country which has this house price problem actually build houses and apartment more than enough for all the homeless hence you would see lots of ghost town everywhere, economy now doesnt work as intended, you can build more house but without regulation despite the supply the price would still skyrocket like now
I didn’t forget anything. If we had an excess supply of houses, prices would be trending down, not up. “Ghost towns” aren’t really relevant because houses need to exist in places people want to live or they have no impact on demand.
The housing market isn’t black magic. It’s just a market.