Would like to think it is going to get better but this recent spike has only left things open more for market manipulation in the rental market. Even if things get better in the housing prices there is still a huge housing issue for the people who make less than $100k a year (average rate of pay in Coeur d'alene is $20/hr, minimum wage still $7.25, waiters can be paid ~$3.60/hr plus tips).
The tent cities option that Ketchum was exploring recently is a thing we are going to be seeing a lot more often.
> The tent cities option that Ketchum was exploring recently is a thing we are going to be seeing a lot more often.
i wonder how long it will take before the goverments are forced to take action?
i mean, after world war 2, there was a massive housing crisis in europe because of cities turned to rubble, but thanks to massive public works programmes which created housing, this was solved relately quickly (<10 years in some cases).
The free market will not solve this problem because the shortage of houses is actually netting them more money, especially with the massive amount of money pumping going on.
Would like to think it is going to get better but this recent spike has only left things open more for market manipulation in the rental market. Even if things get better in the housing prices there is still a huge housing issue for the people who make less than $100k a year (average rate of pay in Coeur d'alene is $20/hr, minimum wage still $7.25, waiters can be paid ~$3.60/hr plus tips).
The tent cities option that Ketchum was exploring recently is a thing we are going to be seeing a lot more often.