sure, except old houses sell for pretty high prices, implying there are plenty of people who want more than just a house.
I think there is a big difference between people without a house, who want to get on the lower rung of the housing ladder, and escape the poverty of renting (where rent costs more than mortgage payments, without any equity) versus those that have a house and want something better.
Cheap houses should be build (maybe even w/ government funding) to keep otherwise exploitative rentals competitive, but there should still be healthy competition & industry in higher quality housing.
sure, except old houses sell for pretty high prices, implying there are plenty of people who want more than just a house.
I think there is a big difference between people without a house, who want to get on the lower rung of the housing ladder, and escape the poverty of renting (where rent costs more than mortgage payments, without any equity) versus those that have a house and want something better.
Cheap houses should be build (maybe even w/ government funding) to keep otherwise exploitative rentals competitive, but there should still be healthy competition & industry in higher quality housing.