this post was submitted on 12 Oct 2023
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the cycle of rule (lemmy.blahaj.zone)
submitted 1 year ago by Daxter101@lemmy.blahaj.zone to c/196@lemmy.blahaj.zone
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Oglaf my beloved

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[–] trailing9@lemmy.ml 6 points 1 year ago

Housing is a sellers market where buyers compete. There needs to be a surplus of housing so that buyers can choose. Then prices fall to construction costs plus cost of management.