This article makes some good points. Primarily that there's too much money floating around being poorly used (ie, in the hands of the superrich who's primary mo

This article makes some good points. Primarily that there's too much money floating around being poorly used (ie, in the hands of the superrich who's primary motivation is to generate high returns for themselves). The solution is not cheaper homes or higher interest rates, but higher wages and less student debt. The easiest way to do that (in the US) is to raise taxes (particularly capital gains, but also upper-bracket income and corporate taxes) to subsidize low-price higher education, fund infrastructure projects (national power grid, offshore wind and tide power generation, a real high-speed rail network, local transit, local utility upgrades (water and sewer systems are dangerously decrepit throughout the country, and we ought to be laying fiber to every home in the US), research into battery technology, diabetes and cancer prevention and treatment advances) that will pay decades of massive benefits to rich and poor alike, and to raise the minimum wage, which will generate inflationary pressure on other wages and prices in general. Further the Fed needs to let inflation rates balance out by running at 4-8% for a few years. We've had a sustained period of outrageously low inflation, which means that mortgages and student debt are far heavier burdens today than they were for previous generations, because inflation reduces the effective principal. We have plenty of tools to address this problem, but no political will to even try.