it could be doing more damage because high house prices destroy local economy.
When willvl the West finally learns the lesson that unaffordable realestate is uneconomic suicide just like unaffordable food would be
When willvl the West finally learns the lesson that unaffordable realestate is uneconomic suicide just like unaffordable food would be
We've already seen this in the UK, where a drum beat of race hate aimed at immigrants and refugees has been used to misdirect the population away from neoliberal austerity and "low tax, small government" (big profit) policies.
Which - not coincidentally - include a huge amount of literal rent seeking and property profiteering.