On: High-income job losses are cooling housing demand

[etchalon]

That's fair. "Overbuilt" was probably the wrong term.

But yeah, we built a LOT of housing and that means buyers and renters have a lot of choice.

It's hard to argue that's a bad thing unless you're a property owner who's upset their house didn't appreciate 20% in 5 years.

[nwah1 → etchalon]

>It's hard to argue that's a bad thing unless you're a property owner who's upset their house didn't appreciate 20% in 5 years.

I want money for nothin', and chicks for free