In the modern economy costs expand to fill the available debt financing. See als... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		recursivedoubts on April 7, 2024 \| parent \| context \| favorite \| on: What makes housing so expensive? In the modern economy costs expand to fill the available debt financing. See also cars and university tuition.

lifestyleguru on April 7, 2024 [–]

The cost of housing and to some extend education have more dimensions to expand into - investment funds and virtually infinite fortunes of billionaires/oligarchs/sheikhs. Any attractiveness factor of these two multiplies the cost exponentially. Nowadays the "supply-demand" cliche sounds like a ruthless teasing.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact