In America, the government, coupled with a slew of builder and Realtor associations control the housing narrative. Huge discrepancies exist in the cost of housing in the various markets across America and while price variations are not uncommon they should be seen as a reason for caution. The future of the housing market is a topic that has been subject to a great deal of debate and can be somewhat confusing. Everything can not be fixed by just keeping interest rate low.
Government subsidized housing through programs such as section 8 have cannibalized the market often taking the “best of the worse” and leaving those landlords who choose not to participate with a rather unsavory pool of potential tenants from which to choose. This often includes those denied government housing, nearly bankrupt, or chronically unemployed. The intention of the post below is to shed light on some of the myths that have been generated and add some clarity to the discussion of where housing policies are taking us.
http://brucewilds.blogspot.com/2018/09/the-housing-picture-is-not-brightening.html