3 ms·
I’m unsure if this solves the problem. Like childcare, we may need to collectively subsidize housing construction to make it affordable. Example: China. The pr
by toomuchtodo 5mo ago
I’m unsure if this solves the problem. Like childcare, we may need to collectively subsidize housing construction to make it affordable. Example: China.
The problem is that the costs of labor and materials from the past are behind us, and there are potentially no material cost and productivity improvements to be had. The costs are the costs and potentially unavoidable.
- why_only_15 5mo agoDoes China subsidize housing construction? Is your claim something like "China encourages/forces consumers to save at high rates which lowers interest rates and makes there be more construction"?
- toomuchtodo 5mo agohttps://www.reuters.com/world/china/key-features-chinas-affordable-housing-policy-2024-06-04/ https://www.reuters.com/world/china/key-features-chinas-affo... https://www.sciencedirect.com/science/article/pii/S2666165923001047 https://www.sciencedirect.com/science/article/pii/S266616592...