At last, someone from the world of politics is being honest about a pervasive and harmful trade-off. When home prices rise faster than earnings, owners like me gain wealth, while non-owners lose because their incomes fall further behind housing costs.

Honesty is saying that home prices have to fall. But this is progress.

The Generation Squeeze folks have recommendations.

  • Rocket@lemmy.ca
    link
    fedilink
    arrow-up
    1
    arrow-down
    5
    ·
    edit-2
    1 year ago

    Isn’t that the point? The market crashed in 2022. Any action now is only coming to try and reverse course.

    That, or to ride on the crash’s coattails, I suppose. “Look what I did!” – even though nothing was done.