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Houses/Condos are actually getting smaller in most cities to accommodate newer entrants and add density. Yet prices keep rising. Honda and Toyota built an abso
by peytoncasper 5y ago
Houses/Condos are actually getting smaller in most cities to accommodate newer entrants and add density. Yet prices keep rising.
Honda and Toyota built an absolutely massive market building low cost, reliable cars that have sold by the millions. Low end cars get more complex, because we find ways to make them safer which requires more technology.
You won't find an argument from me on education. I'm a firm believer in public education and that education is a cornerstone to providing economic mobility in any society. I wish our public universities were the crown jewels of the country and provided a low cost tuition to any student.
My only push back on the first two, is that it's not just growth in terms of the absolute size or quantity. It's just growth in terms of the monetary system which results in "growth" of the asset price.