How housing shortages worsen inequality, climate change, and economic stagnation in the West
This article argues that housing shortages in Western countries are a root cause exacerbating many major societal problems, including slow economic growth, climate change, poor health, financial instability, economic inequality, and falling fertility rates. It contends that building more homes where people want to live would help address these seemingly unrelated crises simultaneously.
Key quotes
There is one big thing that makes them all worse. That thing is a shortage of housing: too few homes being built where people want to live.
And if we fix those shortages, we will help to solve many of the other, seemingly unrelated problems.
Try listing every problem the Western world has at the moment. Along with Covid, you might include slow growth, climate change, poor health, financial instability, economic inequality, and falling fertility.
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