The American Housing Crisis: A Theft, Not a Shortage
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Date
Authors
Fix, Blair
Journal Title
Journal ISSN
Volume Title
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Abstract
If mainstream economics teaches us one lesson, it’s that when something becomes unaffordable, it’s because of a shortage. And that brings me to the US housing crisis. In America, housing is getting less affordable. So there must be a short supply, right? Not necessarily. You see, shortage is not the only route to unaffordability. There’s also … theft. Here’s how it works.
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Keywords
crisis, distribution, housing affordability, price, United States
Citation
The American Housing Crisis: A Theft, Not a Shortage. Fix, Blair. (2024). Economics from the Top Down. 23 October. pp. 1-24. (Article - Magazine; English).