You Versus Pandemic Inflation (What to Consider)

[ss20ts]

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.

Very little luxury housing where I live. What there is is on a lake. It's not empty. It's used year round. Some are rentals. Some are lived in year round. Some are summer homes. The rest of the communities have practically nothing for sale. It's been this way for years. It's very difficult to find housing where I live. There is actually a shortage of housing in this area. Many areas have a shortage of housing. Fewer apartments every day now because of government mandates. Multi family homes are being sold and converted into Air BNBs. The joys of a vacation destination region.