Why Housing Keeps Getting More Expensive

The Real Reason Housing Is So Expensive – Second Thought
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Citations and Further Reading:
The financialization of housing
https://books.google.com/books?id=AAQ...
https://doi.org/10.1080/14036096.2014...
https://doi.org/10.1111/j.1468-2427.2...
https://doi.org/10.1177/0032329223120...
https://www.tandfonline.com/doi/full/...
https://doi.org/10.1080/14036096.2020...
https://doi.org/10.2307/j.ctv175nt.13
https://www.jstor.org/stable/26151125
https://doi.org/10.1080/14036096.2014...

https://doi.org/10.1080/0267303100371...

2023 least affordable year to buy a home, home prices over the last 20 years, avg. home price
https://www.cnbc.com/2023/12/07/2023-...
https://www.nytimes.com/2024/06/02/re...
https://www.cnbc.com/2024/03/19/why-h...

Record number of people paying more than 30% on rent
https://www.nytimes.com/2023/12/11/us...

Avg. home price 1964
https://fred.stlouisfed.org/series/MSPUS

Avg. income 1964
https://www.census.gov/library/public...

“More than half of all renters are paying more than the recommended 30% on housing and over a quarter are paying more than 50%.”
https://www.npr.org/2024/01/25/122595...

Minimum wage workers can’t afford simple 1-bed
https://www.cnbc.com/2021/07/14/full-...

Home prices have nothing to do with housing supply and demand, it’s about the supply of finance
https://www.taylorfrancis.com/chapter...
https://www.taylorfrancis.com/chapter...

2022 rent inflation and Jay Parsons quote
https://www.nytimes.com/2022/09/27/bu...

Millenial/Gen Z wages aren’t rising
https://doi.org/10.1080/14036096.2020...

Realpage, tactics and statistics
https://www.propublica.org/article/yi...
https://www.propublica.org/article/wh...

Realpage CEO quote
https://www.multifamilyexecutive.com/...

“In the first quarter of 2022, nearly a third of all single-family homes sold in the US were bought by private investors”
https://www.huduser.gov/portal/period...

Private equity buyup of mobile homes
https://pestakeholder.org/news/new-to...

US wealth in real estate + Robert Schiller quote
https://www.barrons.com/articles/net-...
https://books.google.com/books?id=pm1...

1980s government creation of mortgage-backed securities market
https://doi.org/10.1111/j.1468-2427.2...

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