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Why are houses so expensive?

Well, we’ve made it to the end of another week. Hurrah! But before you go on your merry way, I’ve collected four last stories to share with you. Here they are.

Why are houses so expensive? [Of Dollars and Data] — “Home prices will always be based on the same thing—supply and demand. So if we want less expensive homes, we either have to increase supply, decrease demand, or do both. Unfortunately, finding effective ways to do this (without negative consequences) is the hard part.”

Money has become ‘numbers on a screen’. [The Belle Curve] — “Dealing with money is less tangible today than at any time in the history of money…Over the past 10 years, I’ve found fewer and fewer reasons to carry cash, let alone withdraw it from the bank. It sometimes feels like money is nothing more than numbers on a screen.”

“I have become the rich relative.” [Bitches Get Riches] — “Is this whole article just a flex? A humble-brag? You bet your shapely ass it is! More than any other financial milestone — becoming debt-free, buying a house, saving my first $100,000 — being able to easily provide for others makes me feel like I’ve made it.”

Investing for money vs. investing for happiness. [Money with Katie] — “I should clarify two things right now: Spending more will absolutely result in you having less money, or, at the very least, the same amount of money, but later. And that’s okay, because the point isn’t to accumulate as much money as possible (or even to be financially independent as quickly as possible), but to achieve the most total cumulative happiness.”

That’s it for today. I’ll be back in ten days to share more good stuff with you. Jim will be here on Monday. Take care!