'America will become a renter nation': Grant Cardone warns the US could see 100-year mortgages — says we might even rent our clothes. How to buy real estate without going deep into debt
finance.yahoo.com
The bestselling author and investor looks into a crystal ball.
  • chitak166@lemmy.world
    12·
    11 months ago

    All that sounds good, but how does it solve the issue of scarcity in major cities? Where there is not enough supply to meet demand?

    It seems to me that it would just become a first-come, first-serve basis.

    • funkless_eck@sh.itjust.works
      1·
      11 months ago

      the shortage is of affordable housing, not housing.

      there are plenty of houses, they just aren’t affordable, so all of my points re: housing would help.

      • chitak166@lemmy.world
        12·
        11 months ago

        They aren’t affordable because of supply and demand.

        There’s low supply and high demand which causes prices to increase.

        Someone can afford them, just not you or anyone you know.