Emily Hamilton on the Current State of the U.S. Housing Market and Solutions for Reform
Macro Musings with David Beckworth
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Is This a Problem in Many Advanced Economies?
Housing prices are going up everywhere. Does this reflect, maybe justa a cork of human nature? Is nimbeism a problem over there overseas as well? Why should we care that the housing shortage is so onnounced in the us? Well, one of the big reasons is that if there aren't enough houses to accommodate everyone who wants to live in, say, new york city or the new York City region,. That means that people are going to have to make tough choices about not being able to pursue their dream job and living where they can afford it.
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