SilberWitch on Nostr: This is the main reason why house prices have shot up, even where the population has ...

This is the main reason why house prices have shot up, even where the population has declined.

We are using more and more dwellings to house fewer and fewer people. Because living alone is boring and lonely, those people tend to want their dwellings extremely close to other people's dwellings, so they cluster tightly together in the urban areas, driving up the price of real estate.

So, instead of one home with 5 people in it, we have 5 homes with one person in each.