19 May

You can see here how the belief that lack of supply is the cause of the housing crisis is really a fiction sold by the same investors who caused the crisis. They want to make even more money, with even more houses to turn into massive capital gains. Just like the gas companies who say the answer to high gas prices is more supply of gas. So they can sell even more gas and make even more money. In reality the only supply of houses or gas that might drive prices of either down is a total flooding of each market, to the point where the entire industries collapse. Nobody will do that, it’s nonsense. The only time in all of history when housing was available and affordable to all was when governments built it themselves, outside any pretend market.