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Oh I see. Thanks for the elaboration. I definitely agree that large shocks are best avoided, but I do think that ceteris paribus, bringing housing prices down r
by jdc 6y ago
Oh I see. Thanks for the elaboration. I definitely agree that large shocks are best avoided, but I do think that ceteris paribus, bringing housing prices down relative to wages would decrease homelessness.
On the other hand, there's a lot of Americans on their nth mortgage, though so any policy aimed at driving housing prices down would have to factor that in.