Mark Moss likes deflating everything by global M2. When you do that, US housing doesn't look particularly inflated.

There's no doubt in my mind that this is at least part of the story, if not the biggest factor

SimpleStacker

What if the affordability crisis is not a failure of markets at all? What if it is the predictable outcome of how modern governments finance themselves?

Politics_And_Law

econ

By Michael Dioguardi
> What if the affordability crisis is not a failure of markets at all? What if it is the predictable outcome of how modern governments finance themselves?