/biz/ - Business & Finance

[Anonymous No.54043985]

Raising interest rates is making housing prices fall, but the cost of building housing is also going up dramatically due to inflation.
So doesn't that mean less houses being built will result in house prices going back up?

[Anonymous No.54044010]

Interdasting theory.

[Anonymous No.54044014]

>>54043985
Only a Boomer die-off will return sanity to the housing market.

[Anonymous No.54044016]

>>54043985
what is it like not understanding the cost of land?
not understanding how prices are set?
it must be so confusing for you.

[Anonymous No.54044025]

>>54044016
I confused

[Anonymous No.54044046]

>>54043985
> help two identical houses, one in the middle of nowhere and one in the middle of manhatten, are different prices! the former is 200k, the later 3mm
> yet they both use the same materials
> is it because the cost of labour is 2.8mm more?
imagine being this stupid

[Anonymous No.54044083]

All you need to know is money is literal mandrake magician shit. What do you actually want? Stop overthinking things

[Anonymous No.54044107]

>>54044046
>> help two identical houses, one in the middle of nowhere and one in the middle of manhatten, are different prices! the former is 200k, the later 3mm
>> yet they both use the same materials
>> is it because the cost of labour is 2.8mm more?
>imagine being this stupid
That wasn't my argument at all retard.
I'm talking about building NEW houses with the massively increased cost of building materials. This would disincentive new building, leading to less housing supply.

[Anonymous No.54044350]

>>54043985
cost of materials is insignificant compared to people being unable to take out loans to buy the house

[Anonymous No.54044615]

>>54044107
are you building them on land you massive retard? is the cost of that land greater than zero?