It is pretty sad how the most basic lesson is lost on the...

It is pretty sad how the most basic lesson is lost on the ignorant.

That show was pointing out how an over-supply of anything will lead to stagnation or a fall in prices.

In recent times the USA has had vacancies between 10-12% and this of course led to falling prices.

Australia has vacancy rates around the 2-3% mark in capital cities.

But please don't let me sway you, by all means keep renting and waiting for the huge falls and good luck with that :)