3 ms·
Perhaps 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
by danans 2y ago
Perhaps 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.