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alex smith
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Comments by "alex smith" (@alexsmith-ob3lu) on "America’s Last Affordable Housing Is Under Threat" video.
There won’t be a housing crash because the U.S Dollar continues to drop in value. The increase in housing costs is not because homes are “getting expensive”, but because the dollar is declining.
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@desmo8755 The dollar decline is a big factor leading to expensive housing. We don't produce anything, our work force is sluggish thanks to decades of poor policy/leadership, and we don't produce anything of value anymore. All we do is take on debt and import stuff. Real Estate will hold its value as long as immigration remains high in big cities; while those who own land or property outside a big city are holding on to assets that can stay ahead of inflation.
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