I hear the same argument on this site every time poverty and homelessness in Silicon Valley is brought up, but I really don't understand it. Massive capital concentration is leading to only a few cities in the country experiencing economic growth, and your solution is to just build more housing in those few areas?
Why not do something about the capital concentration? Why not do something to push some of those jobs into the Midwest? That would sure lower housing demand in those few cities, and would lead to a more equal country overall.
Why not do something about the capital concentration? Why not do something to push some of those jobs into the Midwest? That would sure lower housing demand in those few cities, and would lead to a more equal country overall.