The Prof G Pod with Scott Galloway No Mercy / No Malice: Project 2028: Housing
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Mar 8, 2025 The discussion centers on the pressing housing affordability crisis in the U.S., where skyrocketing rents clash with stagnant wages. There’s a call to action for the Democratic Party to shift from mere indignation to innovative solutions that foster positive change. The podcast advocates for a fundamental rethinking of housing as a crucial resource for stability rather than just a financial investment, emphasizing the need for policies that ensure equity and community well-being.
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Housing Affordability Crisis
- The US faces a housing affordability crisis, not a housing crisis.
- High housing costs reduce labor mobility, productivity, and overall economic growth.
Impact of Housing Costs
- High housing costs negatively impact health outcomes, as families delay medical care and experience increased stress.
- Unaffordable housing contributes to homelessness, which burdens public services and reduces overall quality of life.
Addressing Affordability
- Instead of relying on Section 8 or rent control, pay people more to address housing affordability.
- Scott Galloway suggests a $25 minimum wage.