WHY SHIT NOT WORKING: EPISODE 4

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Don’t miss this fantastic episode on capping credit card fees, reducing debt, and spending less with @thomas_savidge! Full episode and show notes here: @aier

Holy shit. We’re finally understanding economics. Supply & demand runs the game. Now do the next episode on why we’ve purposefully remained under 5% vacancy for over 50 years.

Just to be clear. If you read that study then you would know that it is essentially lying by adding household incomes and dividing it by the number of people in the house. This notion that "gen z has more money than previous generations" is gaslighting.

Glad to see the need for market rate housing (and the costlessness of building it to the taxpayer) highlighted! Great work

You're describing a problem of democratic leadership. Too much bureaucracy. Too many hoops to jump through to build. It's not an issue in Texas.

this was pretty cool and level-headed until he went full lib and cursed out a cybertruck which is ironic bc the problem he is describing is entirely the fault of NYC Democrats

Where's the cringe, Chi? There's not enough cringe. The people demand more cringe!

Housing lottery in your district is minimum $2500 a month. What happened I thought the FARE Act would fix this ? 🤡

Now that you understand basic economics, does this mean you have renounced socialism?

No one is saying that the rise in demand that drove up prices was from the investment market. Demand from investors can always outpace supply. That’s why limits need to be put on how much housing the investment market can own.