Why is there a housing crisis?
> Because the prices of homes are sky high, and people can't afford homes.
Why are prices of houses high?
> Because there are so many buyers.
But then how can't people buy houses if there are so many buyers?
> Because most of the buyers are buying it for investment and not for living in.
Why do people buy houses as an investment?
> Because people think home prices will appreciate over time, and that is the only way to keep the worth of their money.
Why is that the only way?
> Because the currency they could store their value in decreases in value over time, due to inflation.
So you are saying that inflation causes the housing crisis?
https://giphy.com/gifs/brittany-broski-kombucha-girl-brittany-broski-lnOG1o6Cdc3kKjuray
Cheers! ☕️
#plebchain #economy #money #housingcrisis #housing #coffeechain #inflation #btc #bitcoin
Joey
npub1hm7…4mzq
2024-01-20 10:52:35
Author Public Key
npub1hm7vs5sqm2cypkkepgtjmp878d43wtnfzmu0tu0j794zflyn4wyqlc4mzqPublished at
2024-01-20 10:52:35Event JSON
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