Lifestyle inflation is why people don’t feel so much wealthier than their grandparents, but housing isn’t the economic drain it seems like because so much of its value doesn’t require resources to create. It’s mostly redistribution of income from workers to other people and as such it gets into politics.
Well that and the giant ball of suck associated with long commutes, but I am kind of hoping there’s going to be more pushback on that due to people working from home during COVID. Even those who still needed to go in had vastly less traffic.
Well that and the giant ball of suck associated with long commutes, but I am kind of hoping there’s going to be more pushback on that due to people working from home during COVID. Even those who still needed to go in had vastly less traffic.