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It's similar in healthcare. The solutions become focused on payment instead of focusing on pricing, a surefire way for prices to go up
Ah yes, federally subsidizing x to make x more affordable. Never fails, except always.https://twitter.com/KamalaHarris/status/1020483499541909506 …
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Mandatory basic economics course before being eligible to be on any ballot in the country.
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Have you read Economics in One Lesson? This is basically the one lesson.pic.twitter.com/sajTywoX89
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No, but I love that
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The book is great. IIRC it explains that one principle, then looks at a bunch of different structures (like labor unions) through that one lens.
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abolish the mortgage interest deduction fully and us renters will call it even
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Trivial problem to solve for any local government with the political will. Just rezone swaths of land to higher residential density. Affordable housing for real in any city save SF or Manhattan in a few years or less.
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Portland, OR designated an “urban growth boundary” around the city that all development must take place within. https://www.oregonmetro.gov/urban-growth-boundary …
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Yep. Portland creates its own housing issues like every other city. Limited growth = higher rents and lack of affordable housing in growing markets.
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I don't understand the preference for subsidies vs caps and price controls. Madness.
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Love you
@KamalaHarris but let's build more housing. That's the problem in CA. Oh, and if you're ever lonely my DMs are open booThanks. Twitter will use this to make your timeline better. UndoUndo
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Let’s subsidize but not build sounds very quasi socialist. Building is hard after all
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She needs to read
@ThomasSowell ‘s Basis Economics on Rent Control and how it always fails.Thanks. Twitter will use this to make your timeline better. UndoUndo
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This is dog whistle politics. She's sending secret messages to stupid people who don't understand economics.
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This is the landlord recovery act. Since apartment complexes have only 2x and 3x in the last few years land lords are starving. This way they can 5x and 10x in value
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What I would like is to be able to us pre tax dollars for rent and or mortgages.
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Examples?
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Haha like college tuitions
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Oy... they just don't get it. Maybe, just maybe, you reduce regulation on building to increase supply to create more demand to lower prices? Nahhh, no way. That wouldn't work! Let's just shift the tax burden!
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