[dughnut]

We already have highly inflationary monetary policy that makes capital accumulation for middle class people impossible outside of high risk vehicles like stock or property. We also already have a complicated network of grants, tax breaks, statutes, and pressure organizations to incentivize or ramrod through housing as long as the expected inhabitants are any demographic that is reliably expected to vote for “our democracy”. I just really don’t know what more you want here. Confiscate everyone’s bank anccount and liquidate it to build housing projects?

The United States has plenty of vacant housing. It just doesn’t have plenty of free or nearly free vacant housing in the downtown sections of our dozen largest cities. Maybe the issue is that we don’t want every single person on earth living in San Francisco or New York. Encouraging remote work was probably a step in the right direction on relieving that demand, but I think maybe there is some structural problem about hyper concentration of capital in a few extremely large cities that we are trying to fix with zoning ordinances, or, I guess stealing from the perfidious Kulacks to give to the noble proletariat.

[daveguy]

Our monetary policy changes by the month. And currently it is sustaining a 3% inflation just like it was when the ship was turned around during Biden's admin. The target is a 2% inflation rate, which no one considers "highly inflationary".