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The easiest way to provide affordable housing is to raise wages. You can do this by having a functioning economy. Unfortunately, depressed areas are depressed
by linuxftw 6y ago
The easiest way to provide affordable housing is to raise wages. You can do this by having a functioning economy. Unfortunately, depressed areas are depressed due to 50 years of sending jobs overseas. Right now, it's trendy to live in cities, so they're attracting the upper middle class. Eventually, the steam is going to run out of that engine, and we're going to figure out that a city full of nothing but bars and starbucks is a net drain on society.
- zozbot234 6y agoA robust supply of housing is an integral part of building "a functioning economy". It's not just renters and future homeowners that lose out when housing supply dwindles; the surrounding businesses lose out too. People have less disposable income, meanwhile their costs rise due to having to support the housing costs of workers that need to live nearby.
- linuxftw 6y agoThere's plenty of housing in the US, it's just not all in SF or NYC. There's plenty of places outside of downtown that businesses can be located.