Housing and rental costs have been a substantial drain on what would otherwise be the new middle class. For the most part they don't (yet) own homes, lower pri

Housing and rental costs have been a substantial drain on what would otherwise be the new middle class. For the most part they don't (yet) own homes, lower prices can only help them. Consider how much doesn't get invested by the poor and middle class into education, paying down debts, or retirement savings accounts. It feels rather absurd to suggest that they would somehow benefit from continually raising the price of something they need to buy.