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How We Build More Housing with Brad Hargreaves
"Econ 102" with Noah Smith and Erik Torenberg
Subsidizing Demand without Increasing Supply Leads to Pricing Issues
The speaker discusses the history of public housing and the transition from government-owned projects to Section 8 housing vouchers. They highlight the issue of subsidizing demand without increasing supply, leading to pricing problems in the housing market. This cycle of subsidizing demand without addressing construction only exacerbates the issue by driving demand to far-flung suburbs, without effectively solving the housing construction problem.
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