This @tylercowen piece has zero mentions of race, racialized housing policy, “white flight” or exclusionary zoning in shaping these outcomeshttps://twitter.com/tylercowen/status/918151245331877888 …
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and that housing and schools are a basket good in this country as well. So the property value differentials (read: wealth differentials)
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Real rate of return on U.S. housing stock over the longer run is basically zero. Look to equities.
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