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Rational Reasons for Delayed Home-Buying
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Rational Reasons for Delayed Home-Buying
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When a generation or two are putting off home purchases by almost a decade, there is likely a rational basis. Here are some crucial factors that came to mind when seeking to explain why the shift to older purchases has taken place in the past quarter century. If homeownership is healthy, as so many people believe, we must look at the causes for its decline. That means facing up to a lack of disposable income, NIMBY zoning and regulation, and immense subsidization of useless higher education. We can also explore novel ways to bypass the rent-seekers holding the gates.
Read the article: https://econamericas.substack.com/p/reasons-delayed-homebuying
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