That is a false way to look at it. Housing prices have been stable for 30-50 years in all but 3-4 cities.
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By your very same argument, the GSEs aren’t in the Constitution either, so maybe they shouldn’t exist and we can see if national housing markets go back to pre-Great Depression behavior where most needed 50% down.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Zoning reform does *not* solve homelessness. Those wages, if there are any, are too far below rents to usually afford housing in private rental markets. Zoning reform can expand access for the middle-class to some segments of the working-class but you need subsidies at the bottom
End of conversation
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