Ultimately, while it is certainly a problem that housing is this expensive, the deeper, more structural problem is that incomes are still this low. It's been 40

Ultimately, while it is certainly a problem that housing is this expensive, the deeper, more structural problem is that incomes are still this low. It's been 40 years now since incomes started stagnating compared to productivity; anyone who thinks this wasn't going to have serious negative effects on society and the economy had really better wake up, because we're already seeing those effects.