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by wakawaka28 302 days ago
There are lots of businesses eager to build houses. The trouble is overwhelmingly that we can't afford it. Angry people won't get it done unless they take up construction or manufacturing as a career in huge numbers, or else rob or enslave people who can build houses.

What we have is a general shortfall of prosperity. Housing is affected by money supply in an outsized way. Prices are at least partly going up because our economy is stagnant, and wages are going down in real terms as credit continues expanding to keep the wheels from coming off.