The other day while watching CNN they ran a story on rising home prices and then another on falling rents in downtown New York. At the end of the story on home prices the anchor for some reason noted that rising home prices are making home ownership unaffordable for some. Now not sure where this anchor went to school but that’s how capitalism works, when the demand rises and supply shrink’s prices go up, the reverse is also true when demand decreases prices fall in an attempt to create demand.
We’ve also been watching how many in . . .
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