Hacker News new | ask | show | jobs
by A2017U1 2548 days ago
My experience in very poor metropolises across the plamet is that it's an entirely simple problem to solve. My experience in some of the most expensive cities on Earth is that providing housing for the poor devalues the only nestegg most people have and is widely railed against by the masses.

Its a Ponzi scheme first and foremost, housing simply cannot outpace wages, it's impossible. When it all comes crashing down is someone elses problem though hey :)