Tech and AI have taken off in the US partially because they’re in the domain of software, which hasnt bee regulated to the point of deliberate inefficiency like other industries in the US.
(I pick this example because our regulation of insurance companies has (unintuitively) incentivized them to pay more for care. So it’s an example of poor regulation imo)
Stuff like this isn't Wall Street or Billionaires or whatever bogeyman - it's our neighbors: https://bendyimby.com/2024/04/16/the-hearing-and-the-housing...
However regulation is helpful for those already sick or with pre-existing conditions. Developed countries with well-regulated systems also have better health outcomes than the US does.
We've blundered into a system that has the worst parts of socialized health care and private health insurance without any of the benefits.
What do you mean? Several Asian cities have housing crises far worse than the US in local purchasing power, and I'd even argue that a "cheap" home in many Asian countries is going to be of a far lower quality than a "cheap" home in the US.