We're not talking about iphones here, people need housing to survive.
The housing price could keep rising forever but the demand will always be high, it's not like people can just "give up on housing for this year".
Being a mega-landlord will also allow JPMorgan to influence the general market price.
So no, it's not really as easy as "the laws of supply and demand".
Edit: lol, never ever touch the dogmas of neoclassical economics on HN. Running into a church during mess and shouting profanity would get you a better reception.
The housing price could keep rising forever but the demand will always be high, it's not like people can just "give up on housing for this year".
Being a mega-landlord will also allow JPMorgan to influence the general market price.
So no, it's not really as easy as "the laws of supply and demand".
Edit: lol, never ever touch the dogmas of neoclassical economics on HN. Running into a church during mess and shouting profanity would get you a better reception.