Re:We've Built Cities We Can't Afford
by jdc on Saturday April 18, 2020 @02:52PM
(#22910134)
Oh I see. Thanks for the elaboration. I definitely agree that large shocks are best avoided, but I do think that ceteris paribus, bringing housing prices down relative to wages would decrease homelessness.
On the other hand, there's a lot of Americans on their nth mortgage, though so any policy aimed at driving housing prices down would have to factor that in.
On the other hand, there's a lot of Americans on their nth mortgage, though so any policy aimed at driving housing prices down would have to factor that in.