• Wrench@lemmy.world
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    9 months ago

    I’m not disagreeing, but 2018 census data may not be relevant anymore. There has been an absolute feeding frenzy since the lockdown. The landscape has definitely changed.

      • Wrench@lemmy.world
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        9 months ago

        Outdated data is irrelevant. 2018 was before the housing shortage, before wealthy hedge funds started buying up real estate en masse, before real estate corps employed AI to buy real estate, before airbnbs became egregious to the point of legislation like above.

        Quality and relevancy of data is important. You would roll your eyes at anyone citing 1920s census figures. Yes, that’s a dramatic exaggeration, but it makes the point.

        A lot has changed in real estate in the last 5 years. That’s the entire basis of the housing crisis discussion as a whole.

        • BlanketsWithSmallpox@lemmy.world
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          9 months ago

          … Unlike every other housing bubble both local or worldwide that happens every 15 years or so?

          https://en.m.wikipedia.org/wiki/Real-estate_bubble

          E:

          Quality and relevancy of data is important. You would roll your eyes at anyone citing 1920s census figures. Yes, that’s a dramatic exaggeration, but it makes the point…A lot has changed in real estate in the last 5 years.

          … Wow.