Housing prices are set as high as they need to be in order to guarantee at least “a little bit” of poverty. Everyone being housed is effectively a signal to la

Housing prices are set as high as they need to be in order to guarantee at least “a little bit” of poverty. Everyone being housed is effectively a signal to landlords that rent is too cheap. We obviously produce enough capital to ensure everyone is housed and fed, yet housing costs simply keep rising with productivity because, well, why wouldn’t they? Zoning/NIMBYism doesn’t help either, but even with perfect zoning, prices would still rise with productivity.