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Solution: create a surplus of homes. That will detach price from income. Nothing else will work. (Note: we did this with food and it successfully kept prices
by johnrob 8y ago
Solution: create a surplus of homes. That will detach price from income. Nothing else will work. (Note: we did this with food and it successfully kept prices low)
- raquo 8y agoNot necessarily. The least affordable housing markets tend to be bigger cities. Growing the cities further will not necessarily make housing in those cities more affordable. There's a positive feedback loop between cities being bigger being more desirable.
- kamaal 8y agoCheap public transit is all. In case of food, it comes to your nearest super market. So its not just overproduction of food, its also supply chain optimization.