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Blair Fix has an interesting analysis of this that suggests on a national scale we need primarily higher incomes at the bottom end. I'm fairly sure there are ar

Blair Fix has an interesting analysis of this that suggests on a national scale we need primarily higher incomes at the bottom end. I'm fairly sure there are areas that also have insufficient houses, but I hadn't really considered the problem might just be people are too poor: https://economicsfromthetopdown.com/2024/08/22/from-commodity-to-asset-the-truth-behind-rising-house-prices/ https://economicsfromthetopdown.com/2024/08/22/from-commodit... If the analysis is accurate it needs more than just affordable housing to be built.

mschuster91 2y ago
Of course people are too poor, but any kind of wage increase will be immediately snatched up by the landlord caste. I remember the days when Covid stimulus checks came 'round in the US, half of Reddit was up in arms over messages from landlords all but demanding they'd get their share (or the entirety of it). Landlords should not exist for long term housing, period.
beedeebeedee 2y ago
> I hadn't really considered the problem might just be people are too poor I'm a little surprised by that- I thought that this was common knowledge? (But then again, there has been heavy propaganda against homeless people, and diverting attention that this has anything to do with an unfair economy, a la "homeless people are all crazy", "homeless people are all addicts", "homelessness is a choice")
- hgomersall 2y ago
  I think it's less that than I thought that primary problem was just insufficient housing. Of course, both things can be true, particularly on a local scale.