How are housing market prices even set? There's like a billion of them the United States. Why would the prices ever fall?

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Anonymous Thu Jul 25 16:39:40 2019 No.14971767 [Reply] [Original]

How are housing market prices even set? There's like a billion of them the United States. Why would the prices ever fall?

>>	Anonymous Thu Jul 25 16:41:21 2019 No.14971789 They would fall exactly because there's so many of them. Never heard about supply and demand you fucking brainlet?

>>	Anonymous Thu Jul 25 16:43:22 2019 No.14971822 >>14971789 Well where would everyone go you dingbat? They'd just be on the street? It's impossible to have a supply and demand problem with a nation who's population is increasing

>>	Anonymous Thu Jul 25 16:48:43 2019 No.14971893 They are set by what sales close. If you buy a house for 300k then everyone with a similar house will assume their house is equal

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/biz/ - Business & Finance