[icelancer]

Wage growth is exploding in some areas (ours primarily) and not others, which contributes massively to the Baumol effect.

Land owners aren't really incentivized that much to talk about affordable housing. Housing developers would like to fix the problem by building market-rate housing - as supply goes up, demand begins to be satiated and prices can come down over time. All the while, developers make more money.

But building dense and inexpensive housing is often blocked by leftist-type politicians for being unsuitable for living, and NIMBYs of all sorts of political spectrum block it on wholly different grounds.

More housing = affordable housing. Not subsidized housing, not regulated housing. Just more of it will help America.

[kodah]

Apologies to you too, I should've said corporate landowners. I think that mostly puts us in agreement, though I don't think developers are the problem. It's property managers seeking to maximize profit that are more the problem there.

> More housing = affordable housing. Not subsidized housing, not regulated housing. Just more of it will help America.

Last caveat that I'd add to this is also more diverse housing street by street. Having space for single family homes alongside dense housing isn't just a good vibe, I think it also incentivizes a normalization of value. Combine that with shopping/retail and I think you can build some pretty equitable places with shorter commutes.