Housing Crisis: Historical Roots and Modern Implications

This chapter explores the historical context of increasing housing costs in America, examining how policies and demographic shifts have led to housing unaffordability. It critiques libertarian perspectives on the issue, emphasizing the need to address wealth concentration and economic bubbles that disproportionately affect lower-income groups and younger generations. Through personal anecdotes and economic analysis, the chapter reveals the systemic challenges facing potential homebuyers today and the rise of gentrification and market domination by the wealthy.