American policy is mostly oriented around making housing more expensive as homeownership is our country’s primary wealth building tool in the absence of a more broadly diversified social safety net. https://twitter.com/Austen/status/1200427940229464067 …
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Prasad & I have been in conversation about this for years, and her own book was groundbreaking. She thinks the pattern results from a historical contingencies, but I see a much more structural basis in the fragmented, contested US political institutions.
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You can check out Prasad's book here. And thanks for the mention of my book,
@kimmaicutler!https://www.hup.harvard.edu/catalog.php?isbn=9780674066526 …
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