4 ms·

For what it’s worth, housing costs are an issue now, for those of us currently adults, not an issue for the next generation yet. My hope (which is not guarante

For what it’s worth, housing costs are an issue now, for those of us currently adults, not an issue for the next generation yet. My hope (which is not guaranteed) is that in the next 20 years or so we start to solve our housing woes. While it might not seem like we’re making a ton of progress (especially on zoning and such), a lot can change in 2 decades. Additionally we can expect the largest generation will start passing away and birth rates likely continue to drop so subsequent generations will demand less and less housing.

Sohcahtoa82 4y ago
We can't solve our housing woes because doing so isn't profitable. Real estate investment is an utter cancer. A blight on our society that contributes to keeping poor people poor. But the people with the money have the power. They prevent new housing from being built. If it gets built anyways, they buy it up and rent it out, sucking more money from the people that aren't fortunate enough to be able to save 6 figures to make a down payment.