IS THERE REALLY A HOUSING AFFORDABILITY CRISIS?

The cost of housing has been skyrocketing in recent years, leading to concerns about affordability. Some researchers argue that we are facing a severe crisis, while others believe that it is simply a problem of supply and demand. Proponents of the "crisis" narrative point to statistics showing that housing is out of reach for many. They argue that

The numbers paint a clear picture. Indicators are soaring to unprecedented heights, defying historical trends and shattering previous records. This isn't just another cyclical upswing; this time, something truly transformative is happening. The old rules simply apply. Sector experts are stunned by the sheer magnitude of change. Investors are scr