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Trickle down economics seems to have been a failure. I would agree about that. But that's not the mechanism we're talking about with housing at all. What we'r
by davidw 4y ago
Trickle down economics seems to have been a failure. I would agree about that.
But that's not the mechanism we're talking about with housing at all.
What we're talking about with housing is that there are 5 houses and 10 people, and in that kind of scarcity environment, 5 people are going to lose out. In most cases, it's going to be the 5 people with the least money.
But even if you do a lottery or something else, 5 people are still going to lose out and that's bad.
Build more housing.