Re-Thinking The So-called Housing Bubble
Garrett Peterson kindly asked me back on the Economics Detective podcast to discuss the housing bubble. It's always a pleasure to chat with Garrett.
Audio Length: 00:58:29
And, here is an op-ed in the Los Angeles Daily News:
Claiming that building more L.A. housing would only benefit newcomers misses the point. The newcomers are coming already, and they aren’t waiting for L.A. to build them homes. Rest assured, until the rate of new building is increased, the homes that those newcomers will take will still be provided, quietly and sadly, one unit at a time.