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Housing is an input to productive, primary industries, and local politics conspire to keep the housing supply low and price high. This makes operating the produ
by pchristensen 11y ago
Housing is an input to productive, primary industries, and local politics conspire to keep the housing supply low and price high. This makes operating the productive industries more expensive. Similar to energy prices on manufacturing industries - high input cost -> lower productivity.
Best read about this: http://smile.amazon.com/The-Rent-Too-Damn-High-ebook/dp/B0078XGJXO?sa-no-redirect=1 http://smile.amazon.com/The-Rent-Too-Damn-High-ebook/dp/B007...