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News@lemmy.world · 5 months ago

The US needs to build 2 million houses to revive the American dream of homeownership

www.businessinsider.com

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The US needs to build 2 million houses to revive the American dream of homeownership

www.businessinsider.com

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News@lemmy.world · 5 months ago

"Following the GFC, new residential construction effectively stopped, and we have been trying to catch up ever since," NDR said.

Paywall removed: https://archive.is/BHsKJ

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5 months ago
So then our problem is that we allow moneyed interests to monopolize home ownership so they can extract wealth from people who actually generate it. It is quite literally the definition of rent seeking behavior.

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