4 ms·
(this) Inflation is driven by rent seeking. If there were enough housing for everyone to live reasonably close to the jobs they can work there would at least b
by mjevans 3y ago
(this) Inflation is driven by rent seeking. If there were enough housing for everyone to live reasonably close to the jobs they can work there would at least be a check/balance against that destructive economic activity. However be it 'neighborhood character preservation', review processes biased towards failure rather than with clear goals and approval if met, or tax structures that fail to encourage socially beneficial outcomes; too many factors are against new generations (generally) building wealth, including that of social communities where they have stable career paths.