If predictions come true it will be another year of deteriorating housing affordability, prices will rise at twice the rate of disposable income — something that that has been going on for 25 years and has created what we all see now as a crisis.
Not quite. Our housing policy is based around returning value to investors. That leads to cruel outcomes, and these are considered acceptable for the sake of investor profit. But it’s not the terminal goal.
The problem? Housing policy, like most of our polices are based on cruelty.
Not quite. Our housing policy is based around returning value to investors. That leads to cruel outcomes, and these are considered acceptable for the sake of investor profit. But it’s not the terminal goal.