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Wild that you're getting downvoted. I agree with you. Housing affordability is a wealth inequality problem.
by BrenBarn 2y ago
Wild that you're getting downvoted. I agree with you. Housing affordability is a wealth inequality problem.
- danans 2y agoPerhaps people want to only see this problem as having a single facet: housing supply. Maybe others don't see a problem with growing inequality (that's not an uncommon opinion among the well-off). Housing supply is a major part of it, but the reason it is so resistant to a solution is because it is multifactorial with the factors all influencing each other. It's a wealth inequality problem created by the economic system favoring capital over labor, unreasonable local zoning restrictions, and also historical housing discrimination (redlining) which then feeds back into wealth inequality.