Sure. How did the fact that the internet was a revolutionary, civilization-changing technology that produced some of the best investments in history cause housing to become unaffordable?
If you're worried about asset prices and the affordability of housing, you should be far more upset at central banks/monetary policy than you are at the internet, ecommerce, smart phones, etc. You could also be upset at zoning laws, and tax and immigration policy.
Sure. How did the fact that the internet was a revolutionary, civilization-changing technology that produced some of the best investments in history cause housing to become unaffordable?
If you're worried about asset prices and the affordability of housing, you should be far more upset at central banks/monetary policy than you are at the internet, ecommerce, smart phones, etc. You could also be upset at zoning laws, and tax and immigration policy.