@kevinerdmann.bsky.social has really captured a dynamic (very empirically) that defies common intuitions, but then makes perfect sense once you understand it, about what and who drives (and is driven to penury by) housing inflation.
@kevinerdmann.bsky.social has really captured a dynamic (very empirically) that defies common intuitions, but then makes perfect sense once you understand it, about what and who drives (and is driven to penury by) housing inflation.