alt Hacker NewsHousing will always fall short of demand. Nobody, progressive or not, is actually willing to sustain an oversupply of housing.
Housing will always fall short of demand. Nobody, progressive or not, is actually willing to sustain an oversupply of housing.
This just isn't true across the time and space of human cultures and civilizations. There are plenty of places, even in the USA within the last 50 years, that have had a housing surplus.
The current problems have tended to arise when desirable work is geographically limited which then leads to a much larger housing shortage in those areas despite the presence of sufficient housing across a broader territory.