[davidw]

How do people get any "skin in the game" if the incumbents do their utmost to impose policies that prevent that from happening?

In some cities in California, houses are "earning" more on an hourly - yes, hourly - basis than many people do:

https://www.sacbee.com/news/california/article208678414.html

That's a bit dated, pre-pandemic, but it's likely still happening in places.

[whimsicalism]

I mean, the time derivative of housing prices has gotten higher during the pandemic, not lower.

[davidw]

In San Francisco proper, prices fell, because supply and demand are real, but those people spread out and prices are getting worse in a ton of other places, like where I live.

[whimsicalism]

> In San Francisco proper, prices fell, because supply and demand are real,

Source on real estate prices in SF falling?

[davidw]

Not huge drops, but going down at all is pretty amazing in that area. You can Google it for the details!