If yoy subscribe to the definition of inflation that assumes renting instead of home ownership and homesteading in rural frontiers with challenging weather (deserts, swamps, tundra) rather than in gentrified places with pleasant weather (e.g. every existing metropolitan area).
The way I see it, unless people somehow shrink in size or a wormhole opens to another Earth-like planet, real estate prices are inversely correlated to population which continues to rise.
So just build more housing, then build public transit so they can go anywhere they want (actually build the transit first). 50,000USD builds a 2bd apartment in any city of 10+mil in China. And they’re not running out of room.
If yoy subscribe to the definition of inflation that assumes renting instead of home ownership and homesteading in rural frontiers with challenging weather (deserts, swamps, tundra) rather than in gentrified places with pleasant weather (e.g. every existing metropolitan area).
The way I see it, unless people somehow shrink in size or a wormhole opens to another Earth-like planet, real estate prices are inversely correlated to population which continues to rise.
So just build more housing, then build public transit so they can go anywhere they want (actually build the transit first). 50,000USD builds a 2bd apartment in any city of 10+mil in China. And they’re not running out of room.