[DannyBee]

"Except that "Basic economics" has a series of prerequisites that people like DannyBee are ignoring. "

I actually don't believe free markets are particularly efficient, and labor markets certainly aren't.

But I also don't believe you can magically provide a way to make it feasible for everyone to stay exactly where they are, for as long as they like, regardless of job market, housing, etc.

At a base level, as you can see in a lot of the replies, it comes down to "people believe that if they've been somewhere long enough, they now have a right to stay there as long as they like, and anything else is harsh and mean".

Even if i thought this was right, I doubt you can find an economic model that allows this to happen, and can survive long term (and as evidence i offer that, in the history of civilization, nobody has accomplished this).

If you can, great! I'd love for it to be the case that people can always afford to live where they like, no matter what.

[QuantumChaos]

>At a base level, as you can see in a lot of the replies, it comes down to "people believe that if they've been somewhere long enough, they now have a right to stay there as long as they like, and anything else is harsh and mean".

>Even if i thought this was right, I doubt you can find an economic model that allows this to happen, and can survive long term (and as evidence i offer that, in the history of civilization, nobody has accomplished this).

Insurance against changes in housing prices might let people avoid the effects of gentrification much longer. Imagine a bond that pays the difference between the current average rental rate and some "strike price" $X (when this difference is positive).