Monday, May 17, 2004

assuming house prices continue to rise, so that no one in their 20s can afford new houses.. surely that means only dead peoples houses will be affordable.. what are the mathematical logical consequences?
a) people who have houses will buy second homes (and rent them)
b) eventually 1/2 the population will be retired and the other half will be renting properties off them.
c) ???
d) profit.

No comments: