“If you want to know where inflation is going, you need to know where housing inflation is going,” said Mark Franceski, managing director at Zelman & Associates, a housing research firm. Housing inflation, he added, “is not slowing at the rate that we expected or anyone expected.”
Those expectations were based on private-sector data from real estate websites like Zillow and Apartment List and other private companies showing that rents have barely been rising recently and have been falling outright in some markets.
People can no longer afford property or even rent. It's a crisis as many people are moving back in with parents, going homeless or moving away to somewhere more affordable. Lower to middle class can no longer afford to live with their wages whereas the rich face no issue.
as a woman of 20 who wishes to live on her own, housing inflation is my biggest issue currently.
housing price is such a huge problem but it seems like nothing is being done about it
@ISIDEWITH3mos3MO
