If people lose jobs to AI, it might make houses cheaper because fewer people can afford them. But other things, like richer people buying more houses, government rules, new building tech, and what investors do, could keep prices high. It all depends on how these things mix together in different places.
Why should houses be cheaper just because 90% of the population can’t afford them. If the top 10% buy them for investment it’s enough to keep it high.
Not only that, we also have no people building homes. We need people.
If people lose jobs to AI, it might make houses cheaper because fewer people can afford them. But other things, like richer people buying more houses, government rules, new building tech, and what investors do, could keep prices high. It all depends on how these things mix together in different places.
Why should houses be cheaper just because 90% of the population can’t afford them. If the top 10% buy them for investment it’s enough to keep it high.
Not only that, we also have no people building homes. We need people.