I play an economic simulation game. Every time I see an asset explode in price (inflation) I am thinking "I should get into this industry and produce the stuff that is going up in price". High housing prices are a strong demand signal, meaning more houses should be built. It's really unfortunate that it does not happen enough.
Because it's not the building the houses that's the tricky part, that is easy, it's the land that's expensive and difficult to obtain. That's what's appreciating since it's a finite amount, not the walls and roof sitting on it.
