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In a sense, most of the so called bubbles occurring right now are due to a lack of tech and innovation. The issue isn’t that Home prices are inflated, the issue

In a sense, most of the so called bubbles occurring right now are due to a lack of tech and innovation. The issue isn’t that Home prices are inflated, the issue is our most innovative solution for home ownership is credit hand outs. The Finance sector is not innovative enough to solve this. We’d need to think about building denser cities and pragmatic modern housing. Affordable housing doesn’t have to mean “middle or low income in certain area”. These are old industries of finance and old progressive ideas that simply are not disruptive enough. We’re starving for innovation.

BlargMcLarg 4y ago
>the issue is our most innovative solution for home ownership is credit hand outs I'm fairly certain we have more innovative solutions, but the risks just aren't lucrative for the far majority of investors. It's a lack of (relatively frictionless) experimentation more than anything. The majority of solutions I imagine directly contrast typical western individualism, too.
onlyrealcuzzo 4y ago
The problem with housing is not technical - it's the people want their house to go up in value as much as possible. The easiest way to accomplish that is to limit supply as much as possible. If you already have a housing shortage and >67% of the country hell-bent on making the shortage worse - technology is not going to solve the problem.