US Housing Affordability Hits Worst Point in Nearly Four Decades
Nope. Nope. Nope.<p>Housing in the US is freakingly cheap. You can buy a house that would be an envy of half of the people in Europe for $200k. The problem is, it won&#x27;t be anywhere near &quot;trendy&quot; locations.<p>And that&#x27;s the _real_ problem. People are forced by market forces to move into ever denser cities.<p>And increasing density ALWAYS results in cost increases. It&#x27;s like the rocket equation: dense cities need infrastructure to support infrastructure to support infrastructure.<p>And no, none of the inane solutions: &quot;let&#x27;s legalize SROs^W microapartments!&quot; or &quot;let&#x27;s just force each homeowner to take a family to live with them!&quot; will do anything with that. They&#x27;ll just increase the overall misery.