I think the "financialization of our economy" => higher house prices is at best a part of the story. The other part is absurd zoning laws and restrictions on th

I think the "financialization of our economy" => higher house prices is at best a part of the story. The other part is absurd zoning laws and restrictions on the supply of housing. This couples with people's expectations that house prices should always be going up and that housing is an investment.