How can house prices be so high though?
How can house prices be so high though?

www.nbcnews.com
Average U.S. vehicle age hits record 12.6 years as high prices force people to keep them longer

cross-posted from: https://lemmy.world/post/15690874
Average U.S. vehicle age hits record 12.6 years as high prices force people to keep them longer
Because the wealthy class has decided to invest in literally everything as a further way to extract money from the working class.
Don't forget foreign investment. It's super cool of a government to allow foreign countries to speculatively invest in our housing.