Three Ways to Restore Housing Affordability

The choice is simple: housing is either shelter for citizens, or it's just another interchangeable speculative asset in the global financialization casino. It can't be both.

We tend to think of housing becoming unaffordable as a matter of land prices, zoning and the cost of 2X4s, but it's fundamentally a matter of values. Subscriber John summarized this in an insightful comment on Substack:

"For me, this issue is a reflection of the values of our culture.

1. Lack of value placed on community means that a house is primarily a …