03-12-2022, 08:03 PM
(03-10-2022, 05:41 PM)rachel83az Wrote: There is plenty of housing in the US. Unfortunately, a lot of that is overpriced luxury housing that is often left empty. It's used as an investment, not somewhere to live in. It costs the builder almost the same amount of money to build a luxury home as it does to build affordable housing, so of course they're going to try to increase their profits with luxury homes.
I think it can be applied to any developed country, not only the US.