Why America Struggles to Build (opens in new tab)

(foreignaffairs.com)

3 pointsapsec1121y ago1 comments

1 comments

the lack of affordable homes is lowering the country’s annual economic output

The market can't build below market rate housing and economic policy for thirty years has been to remove below market rate housing through HOPE VI.

Hope VI is trickle down economics. Give wealth to wealth and hope wealth will act in an economically irrational way.

j / k navigate · click thread line to collapse

the lack of affordable homes is lowering the country’s annual economic output

The market can't build below market rate housing and economic policy for thirty years has been to remove below market rate housing through HOPE VI.

Hope VI is trickle down economics. Give wealth to wealth and hope wealth will act in an economically irrational way.

j / k navigate · click thread line to collapse