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by candu 2790 days ago
Here's the core argument of the article, rephrased slightly: housing cannot both outpace inflation and remain affordable indefinitely.

This is not incompatible with some people being able to find affordable housing that is a good investment. All it means is that in the long term - especially when real wages remain relatively constant [1] - these two policy aims are mathematically at odds.

[1] https://en.wikipedia.org/wiki/Real_wages

1 comments

I agree with your rephrasing that housing cannot both outpace inflation and remain affordable indefinitely, but I disagree that it is identical in content to the article's core argument.

Now I'm just picking nits I suppose.