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66 sats \ 4 replies \ @optimism 13 Feb \ on: Homeownership “Wealth” Is a Fallacy econ

I think that the "social" issue is:

  • if you cause housing prices to drop people could get called due to your policies = you look bad
  • if you cause housing prices to rise entry stays unaffordable = you look bad
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115 sats \ 3 replies \ @Undisciplined OP 13 Feb

That's why politicians avoid letting the market run its course.

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64 sats \ 2 replies \ @optimism 13 Feb

Which is odd because from where I'm sitting that's the only way out. Just shut up, do nothing and when the market does market things and Karens come Karening at you, you say "I don't understand why you're all making such a mess of our perfect housing market"

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105 sats \ 1 reply \ @Undisciplined OP 13 Feb

Ironically, it would be easier for progressives to embrace the market on this: i.e. "We care about affordability for regular people, not the portfolio values of white millionaires."

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155 sats \ 0 replies \ @Butterfinger 13 Feb

Yes, it's about doing the right and moral thing not someone happy. Which in the end will make most people happier as more will be able to have a house and a family.

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