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Re: Housing 

By: Zimbler0 in GRITZ | Recommend this post (3)
Mon, 15 Dec 25 7:46 AM | 29 view(s)
Boardmark this board | Grits Breakfast of Champeens! 		Msg. 14900 of 16632
(This msg. is a reply to 14896 by De_Composed)
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Let me opine a minute here . . .

When biden dumped over a hundred Billion dollars into the maw of the illegal immigrants housing needs . . .

Well, Supply and demand. With the housing supply being 'short term fixed' and all those dollars being dumped into the 'housing markets' increasing the demand for housing WITH lots of dollars . . .

If there is an 'oversupply' prices tend to come down . . . If there is an 'under-supply' prices tend to go up.

And with All those Dollars Stolen out of taxpayers pockets being dumped to 'provide housing' for illegals . . . . 'Housing Inflation' might not be the right word for it . . . But I'm pretty sure biden drove housing costs UP with all that 'Free Money.

Zim.




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Mad Poet Strikes Again.


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The above is a reply to the following message:
Re: Housing
By: De_Composed in GRITZ
Mon, 15 Dec 25 6:24 AM 		Msg. 14896 of 16632

Note that I've edited my post. - De

mt:

Re: “The Thesis: Immigration and Illegal Immigration are the overwhelming principle cause of Housing Inflation.
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the GOVERNMENT CAUSED HOUSING INFLATION pain is spread in a double-dipping penalty on the rest of US in the U.S.

Grok ALL the preceding - I haven't ... but am pretty sure the above is difficult to argue against.”I'll take a stab at it.

There is no such thing as "housing inflation."

In a system with finite money, when the price of something goes up, people either do not buy it or do not buy something else. They only have so much money, after all. Thus, the price increase spurs people to make decisions on where their LIMITED money will go. When they stop buying something else, those prices fall so that there is no net increase in prices. No inflation.

Inflation is always systemic. Either the price of everything as a whole goes up and inflation is present, or it does not. The cause of inflation is not immigrants. It is always an increase in the money supply beyond what is appropriate to counter improved national production. Thus, if production goes up 50%, an increase in the money supply by 50% will keep systemic prices stable. Any money supply increase beyond that produces inflation.

I absolutely agree that the government is causing inflation. But it's not "housing" inflation or inflation that targets any given product or industry. Inflation doesn't work that way.

What we're probably experiencing is government policies that promote housing price increases. But that's different.

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