this post was submitted on 04 Jul 2023
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[–] cloaker@kbin.social 1 points 1 year ago

The effect doesn't seem to correlate to an increase in these smaller houses though. If already housed individuals are seeking to put more money into a larger house that frees up smaller houses for those without the same investment opportunities. Rents and prices should naturally go down if a subset of well off people sought higher quality homes.