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50 sats \ 3 replies \ @optimism 3h \ on: Homeownership “Wealth” Is a Fallacy econ

I think that the "social" issue is:

  • if you cause housing prices to drop people could get called due to your policies = you look bad
  • if you cause housing prices to rise entry stays unaffordable = you look bad
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100 sats \ 2 replies \ @Undisciplined OP 2h

That's why politicians avoid letting the market run its course.

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48 sats \ 1 reply \ @optimism 2h

Which is odd because from where I'm sitting that's the only way out. Just shut up, do nothing and when the market does market things and Karens come Karening at you, you say "I don't understand why you're all making such a mess of our perfect housing market"

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100 sats \ 0 replies \ @Undisciplined OP 2h

Ironically, it would be easier for progressives to embrace the market on this: i.e. "We care about affordability for regular people, not the portfolio values of white millionaires."

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