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> To get out of the rising housing prices trap, we need another money creation mechanism, ...or simply a way to deflate the housing market, such as public hous
by geezerjay 9y ago
> To get out of the rising housing prices trap, we need another money creation mechanism,
...or simply a way to deflate the housing market, such as public housing and urban renewal projects.
I don't understand why a small issue that's easily solved and a very basic strategy all over the world is somehow interpreted as a insurmountable problem that means the entire economical system is broken.