Why is housing viewed so differently?
Brandon Donnelly
SEPTEMBER 16, 2023
For basically all of these items, people tended to answer correctly. Instead of a high-income person buying an old home to renovate (and causing outward displacement), they can instead choose to buy a new home (and not cause any outward displacement). Usually by a factor of at least two to one. It’s not, though.
Let's personalize your content