For many years I’ve been reading news stories about what a total disaster it is that housing costs keep rising where I live.
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For many years I’ve been reading news stories about what a total disaster it is that housing costs keep rising where I live.
Now that rents and housing costs have been falling for the last year, all the news stories are saying that the falling prices are a disaster.
Apparently the news is difficult to please.
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For many years I’ve been reading news stories about what a total disaster it is that housing costs keep rising where I live.
Now that rents and housing costs have been falling for the last year, all the news stories are saying that the falling prices are a disaster.
Apparently the news is difficult to please.
Everything is connected. All is consequence.
What's interesting is why government economic models won't recognize this
Lowering rents doesn't lower landlord operating costs, and lowering house value doesn't reduce active mortgage payments, but we also know lowering costs has never led to cheaper consumer prices, just higher stockholder dividends.
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