If the class of people who buy houses (people with assets and deposits) get weal... | Hacker News

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		chrisseaton on Jan 22, 2022 \| parent \| context \| favorite \| on: Why Ireland's housing bubble burst If the class of people who buy houses (people with assets and deposits) get wealthier then house prices go up. As you say, people who aren't buying houses anyway not getting richer doesn't have any impact on the price of houses.

coldtea on Jan 22, 2022 [–]

I guess so, but it makes sense to be surprised when house prices (and rent) goes up, in 2 years when most people get fucked over financially.

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