[affinepplan]

unsustainable. and should be unconscionable. almost every pressing social problem can be traced back to the lack of housing supply (of course, some traces are looser than others)

[jimbokun]

NYC housing price increases have been unsustainable for several decades now.

[cantrecallmypwd]

The same can be said about a number of big cities over the past 30 years. Perhaps there ought to be limits of corporate ownership of residential properties and limits to the number any individual (non corporation) can own too. Also, limits to overseas buyers to prevent gentrification by foreign capital flight. Housing should be for real people who aren't billionaires.

[readthenotes1]

If we are going for a reductivism, I'm going to take it all the way to pride, greed, and envy for the housing supply problem.

(I could throw in lust, but that's last century's problem since various forms of birth control have negated its influence on housing demand)

[digbybk]

Changing human pride, greed and envy is hard. We know how to build housing. Or we used to.

[tshaddox]

> I'm going to take it all the way to pride, greed, and envy for the housing supply problem.

Eh, I mean greed in other economic environments would cause people to build ever taller condos and apartment buildings to get more and more revenue.

[redwood]

Surely it's not so simple when New York City is building more housing supply that essentially any other American city (and has the best public transit system in the nation)

[fvrghl]

Source? NYC chronically under builds. It's ranked #35 in new housing construction: https://constructioncoverage.com/research/cities-investing-m...

[OutOfHere]

What is actually unconscionable is that when the nature and consequences of inflationary money are exposed, the discussion immediately gets shut down. If the people were to understand what real money is, and it is not the national currency, then people would hold it instead of holding the national currency. Hint: real money is things like GLD/VTC/BTC/PAXG/XMR. Secondly, people also are instructed by the consumerist system to spend as much as they earn, effectively to not save or invest. Controlling the narrative about money is how the rich control the poor.

[sofixa]

On what planet is BTC "real money"?

Can you use it for the main uses of money, store value and payment? No, you cannot, because it's very volatile, and very slow and expensive to transact it.

It's as much "real money" as worn t-shirts from sports players are.