That’s what J. D. Vance argued in tonight’s debate. It’s silly nonsense. We need housing where people live, and most people live where there are jobs. Most of America’s jobs are in cities where there’s no vacant federal land, and many of those cities are east of the Mis[...]
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Who’s to blame for the housing crisis?
Capitalism is. I’m not saying there’s a better system for supplying homes, owned or rented, to everyone who needs them. Nobody in America wants to live in Soviet housing. Rather, I’m reacting to an NPR article (here) which, like many journalistic endeavors, begins with an anecdote:[...]
Would deporting illegals make housing cheaper?
I’m thinking yes, if you deport several million of them, simply because it would bring housing demand closer in line with housing supply. That’s because America has a housing shortage, and if you reduce the number of people who need housing, you can end the game of musical chairs and bri[...]
June 4th, 2024 - 1:19 pm § in Russia
PHOTOGRAPHY: Soviet housing
Isn’t communism *wonderful*?? Of course, this photo isn’t representative of all Soviet housing; there also were Gulag barracks and leaders’ dachas. But under communist-style equality, where the masses are equally poor, most Russians lived in drab concrete warrens like the one below[...]
Tucker Carlson falsely blames refugees for housing shortage
Ranting about America’s housing crisis, which is real enough, Fox host Tucker Carlson told his gullible audience, “So, why is it happening? Well, lots of reasons, but one reason it’s happening is America is becoming a lot more crowded than it ever was, and one of the reasons for th[...]
June 29th, 2021 - 2:12 pm § in Economics
What’s behind rabid housing prices?
Two things, primarily. First, the 2007-2008 housing crash and subsequent recession shut down homebuilding for several years, but the U.S. population kept growing, which created a long-term housing shortage. It will take years for new construction to catch up. Second, the Federal Reserve flooded the [...]
June 22nd, 2020 - 4:48 pm § in Economics
America’s next housing crisis
With more than 20 million Americans still unemployed, and eviction moratoriums about to expire, America faces a new housing crisis. Millions of households suffering income loss from Covid-19 can’t pay rent. Moratoriums and one-time stimulus payments provided some temporary, short-lived relief;[...]
June 3rd, 2019 - 1:09 am § in Misc.
A REAL ANSWER TO HOUSING IN SEATTLE
Othello Square TAKES ON THE ISSUE June 1, 2019 from the Seattle Times, excerpted and commented Seattle’s continuing condescension leads to a bizarre picture .. too few middle-class homes and black flight. In a city with the highest salaries in the nation and vast numbers of millionaires and bi[...]
September 17th, 2017 - 1:56 am § in The Ave Scene
Hong Kong offers the future of housing in Seattle
IS THIS SEATTLE”S FUTURE?[...]
April 4th, 2017 - 8:48 am § in The Ave Scene
DEMOLISHED! Living in Seattle’s Housing Market
Just a few blocks from our house, the people who bought this house last December demolished it. Seattle’s median home price hit a record: $700,000, double 5 years ago March was easily the priciest month for real estate in the Puget Sound region’s history, and we haven’t yet reached the pe[...]