Why the rental-cost crisis is getting worse, in one chart http://on.wsj.com/1Pldaji pic.twitter.com/4Yop96TFHu
Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.
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Why the rental-cost crisis is getting worse, in one chart http://on.wsj.com/1Pldaji pic.twitter.com/4Yop96TFHu
@NickTimiraos @kimmaicutler seems to me rent increases would slow with slow wage growth, is it constrained supply at the root of the growth?
@simonmosk @NickTimiraos constrained supply + broad regulatory, banking framework that protects housing + globalized capital flows
@kimmaicutler @NickTimiraos meaning banking system/cap flows setup to purchase homes and take supply off the market w/ firms like blackrock?
@simonmosk @NickTimiraos initially, generally was a good thing. Created a middle-class. Distributed land in Post-WWII era.
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