Image of the day: cross-country dissatisfaction with housing costs
Concern over housing costs hits record high across rich nations. Valentina Romei and Sam Fleming, Financial Times, September 3. Japan’s at the top (most satisfied), Canada’s near the bottom (along with Portugal, Greece, Slovenia, and Australia).
So, to sum up: the Free Market is receiving the strongest possible signals to build housing. (Prices so high that many live in tents and cars).
The Democratic political system is receiving the strongest possible signals to build housing.
Is anything left?