Thanks, Washington! You’ve Made A Shambles of The Housing Market

Since most of the problems are policy-induced, they can be fixed by better and a more comprehensive housing policy.   That is getting back to the old supply-side economics of the Reagan era where the supply curve shifts to the right, illustrated in the simple graph below.  Lower prices with more supply of homes.

 

 

https://macromon.wordpress.com/2018/05/23/the-new-supply-side-of-housing-landlord-nation/