
pretty much all the arguing about careers and making a living is really due to cost of living which is due to this graph, and almost nothing else. The red area is housing that doesn't exist. It's what 2008 caused us not to build. Solve this and you solve everything. https://t.co/UwVq3Ir4Qc


The Rent Is Too Damn High: What To Do About It, And Why It Matters More Than You Think
amazon.com
As we move from the 1950s to the 1970s and then to 2008, we notice a problem. A perfectly good idea morphed into another good idea, spread beyond housing, and then culminated in uncontrolled insanity. By 2008, no one, including the management of Fannie Mae and Freddie Mac or the Department of Housing and Urban Development, had any idea of the fragi
... See moreGeorge Friedman • The Storm Before the Calm: America's Discord, the Coming Crisis of the 2020s, and the Triumph Beyond
Rather than holding money, investors decide to buy things, such as real estate. Therefore, home prices, commercial real estate, and rental properties are surging in price. This is creating the problem for those living beneath median income. They have not shared in the wealth that has been created, at least not evenly,