"Given the housing stock is kept artificially low,"
I'm not sure I'd call it artificial. There are rational market forces at play. The real issue is that everyone wants to live in the same places, and the people there already want to preserve their lifestyle and investment.
I'm not sure I'd call it artificial. There are rational market forces at play. The real issue is that everyone wants to live in the same places, and the people there already want to preserve their lifestyle and investment.