
Why a country can be rich on paper, but feel poor in reality
The David McWilliams Podcast
00:00
The Problem With the Housing Market
There must be a political party that says, hold on. What's going on here? We've too much demand. We have enough supply. The people who are in charge of supply are creating bottles next. Why? Because they're getting very, very rich on it. So we need to go out and quiz our political masters,. But have you analyzed the problem?Yeah. You prioritized. Yeah. It sells, but it doesn't fix the problem, right? And because economics is only driven by GDP, it all looks good. Average citizen can hear their neighbors riding next door when they get back into their starter home.
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