Hacker News new | ask | show | jobs
by omegaworks 764 days ago
> demand has far outstripped supply for decades

Why has this been the case in every area in our country? Because we have a policy at the national level that encourages speculation and hoarding. The problem is not just supply, we have a national aversion to shaping demand.

> The problem is "solved" in areas that aren't as popular,

The problem is absolutely not solved, in any place in our country[1]. You used to be able to maintain a minimum standard of living on a single wage earner's salary. That is not the case, literally anywhere in this nation any more.

1. https://www.vox.com/2015/5/28/8679889/minimum-wage-housing-m...