This is a really interesting argument with a lot of data to back it up. One of the biggest takeaways for me is how nebulous the term "affordable housing" can be. There's a world of difference between creating subsidies for apartments and deed-restricted houses vs. creating an environment where homes will be affordable at market rates and buyers can build real equity. Both could be called "affordable housing" but only the latter will result in the beneficiaries actually accruing wealth.
If serious politicians and leaders won't take up this issue, you can be sure that deeply unserious ones will - with disastrous results (see immigration and Trump).
This is a really interesting argument with a lot of data to back it up. One of the biggest takeaways for me is how nebulous the term "affordable housing" can be. There's a world of difference between creating subsidies for apartments and deed-restricted houses vs. creating an environment where homes will be affordable at market rates and buyers can build real equity. Both could be called "affordable housing" but only the latter will result in the beneficiaries actually accruing wealth.
Lots to think on here.
If serious politicians and leaders won't take up this issue, you can be sure that deeply unserious ones will - with disastrous results (see immigration and Trump).