You may think housing isn't a crisis if you are living in, say, Minneapolis, where the abundance agenda is winning and delivering high housing starts and low rent growth:
March 20, 2025 at 6:02 PM
You may think housing isn't a crisis if you are living in, say, Minneapolis, where the abundance agenda is winning and delivering high housing starts and low rent growth:
Home price as a share of income literally at an all time high. People are still buying/owning housing, but cost of housing crowds out childcare and healthcare.
Additionally, this is an effect that is concentrated with people who didn't lock in 30 year mortgages under ZIRP, so not felt broadly.
March 20, 2025 at 6:00 PM
Home price as a share of income literally at an all time high. People are still buying/owning housing, but cost of housing crowds out childcare and healthcare.
Additionally, this is an effect that is concentrated with people who didn't lock in 30 year mortgages under ZIRP, so not felt broadly.