I will go to my grave not understanding why this is so complex and difficult for people to understand and politicians to fix.
Wages are stagnant, save for a handful of sectors, in which they're growing quickly. Housing prices are rising due to limited supply and backward policies towards new construction. Inequality therefore expands exponentially, creating a city of haves-and-have nots.
Either reduce inequality through taxes and social re-distribution programs, or build more housing supply. Preferably both.
Wages are stagnant, save for a handful of sectors, in which they're growing quickly. Housing prices are rising due to limited supply and backward policies towards new construction. Inequality therefore expands exponentially, creating a city of haves-and-have nots.
Either reduce inequality through taxes and social re-distribution programs, or build more housing supply. Preferably both.