Nope, infinite money printing for American/Israel wars did, fractional reserve did and leaving Bretton Woods did.
lol, so why did the gap start widening between income and avg house price 40 years before Airbnb was a thing? Actually house price to medium income ratio until the pst two years has been below the ratio for 2 year period before Airbnb was even founded…. So for 12 years Airbnb helped the American home ownership dream?
Listen correlation != causation, but there’s not even a correlation here just some shit shoved down you’re throat and a target to blame.
what else? globalization. the US gov became too bloated to remain competitive in key areas starting with healthcare and housing, add every sector that’s top 10 in DC’s lobby list.
add the increasing lack of competition, oligopolies in key sectors and you end up with a pimping economy designed to exploit
The print money machine
Besides massively under-building in areas with ever increasing housing demand, decades of, mostly individuals, but also corporations collecting multiple homes to rent has contributed more to this than the recent rise in AirBnB. There’s a lot of places with housing shortages that aren’t popular AirBnB destinations.
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Nope, infinite money printing for American/Israel wars did, fractional reserve did and leaving Bretton Woods did.
lol, so why did the gap start widening between income and avg house price 40 years before Airbnb was a thing? Actually house price to medium income ratio until the pst two years has been below the ratio for 2 year period before Airbnb was even founded…. So for 12 years Airbnb helped the American home ownership dream?
Listen correlation != causation, but there’s not even a correlation here just some shit shoved down you’re throat and a target to blame.
what else? globalization. the US gov became too bloated to remain competitive in key areas starting with healthcare and housing, add every sector that’s top 10 in DC’s lobby list.
add the increasing lack of competition, oligopolies in key sectors and you end up with a pimping economy designed to exploit
The print money machine
Besides massively under-building in areas with ever increasing housing demand, decades of, mostly individuals, but also corporations collecting multiple homes to rent has contributed more to this than the recent rise in AirBnB. There’s a lot of places with housing shortages that aren’t popular AirBnB destinations.