5 ms·
> Why should residential property values increase anyway? Total non-worker consumption is equal to the unconsumed portion of total worker production, the worke
by ThrustVectoring 4y ago
> Why should residential property values increase anyway?
Total non-worker consumption is equal to the unconsumed portion of total worker production, the worker-to-retiree ratio is getting worse each year, and total productivity gains are stalling. Working-age adults have to get squeezed somehow on pain of retirees voting different policies, and housing/rent/mortgage is the least flexible in terms of household budget and least politically obvious pathway for it.