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A comment on The Fed's Big Problem, There Are Two Economies but Only One Interest Rate. Parent comment

Re:The Fed's Big Problem, There Are Two Economies but Only O... by gloryjulio on Sunday March 17, 2024 @09:09PM (#39739593)
Exactly. Just look at Japan. If we have strong pro building laws, the house problem solves itself.
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Re:The Fed's Big Problem, There Are Two Economies but Only O... by User23 on Sunday March 17, 2024 @09:41PM (#39739774)
Japan also has virtually no immigration and a low birth rate, so the demand side of the equation keeps housing affordable, relatively speaking.
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Re:The Fed's Big Problem, There Are Two Economies but Only O... by gloryjulio on Sunday March 17, 2024 @09:50PM (#39739830)
You should look at the immigration number from the other regions to the Tokyo metropolitan region instead. Tokyo is still growing.
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Re:The Fed's Big Problem, There Are Two Economies but Only O... by orwin on Sunday March 17, 2024 @10:08PM (#39739924)
People always forget about local migration, which moves the needle much more than international migration, usually.
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Re:The Fed's Big Problem, There Are Two Economies but Only O... by gloryjulio on Sunday March 17, 2024 @10:18PM (#39739969)
Very true
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