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America's housing market is shuddering (economist.com)
5 points by jcartw 5 months ago | hide | past | favorite | 3 comments


Around here (college town) the rooming houses close to campus are selling out. The rent doesn't justify the investment and the property taxes. You do better with bank interest! So the housing crunch rises. Those old rooming houses (ten for sale on my street) will be bought by families and house three or four instead of six or eight students.


Just let me buy a ADU condo without breaking the bank and I'll be happy. It's more important to be in a major metro than have a lot of space.


Subtitle: For the country’s homeowners, the good times are coming to an end




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