Comment of the Day: Maurits Pino https://www.bradford-delong.com/2019/10/eg-a-growing-problem-in-real-estate-too-many-too-big-houses-wsj.html: "Housing & life cycle needs are badly adjusted. We either need to move more or have a better functioning rental market. Small kids: Need: a garden. Get: apartment/too small house. Big kids: Need: mobility for the kids (city centre/public transport). Get: a house with a garden. Post kids: Same as previous but smaller. Time for music, cinema etc. Get: a house with a garden, half empty. Or perhaps an even bigger one. Retired: Need: A place in nature & a studio in town for culture. At least as long as living independently. Get: a house with garden. Still half empty but now a bit run down. First floor unused because of the stairs...


#commentoftheday #2019-10-18

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