Earlier quoted context omitted.
It's shocking how often the answer to "How come X changed?" is either the creation of the internet or the cost of real estate. Surprisingly often, it's both.
It's interesting how the creation of the internet still hasn't caused real estate prices to plummet. Even two years of covid couldn't do it.
in my opinion is the same with every price augmentation in the last 20 years. The Internet helped make fake offers that drove price high.
snd yes blablabla the invisible hand of the market…
the invisible hand of the markt is if all speculators work for the same goal on a market with scarcity they dont compete. See prices of Art. its all fake