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Michael

Build the mixed-use cube🏗️ Power it with spicy rocks⚛️ Be excellent to each other🧦 Taco trucks 🌮 Explore space🚀 Pay for it all by taxing dirt🔰

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Yes, that's what I'm saying. But I disagree with the second sentence. Housing is the #1 budget item and grows faster than the other components that calculate inflation. Addressing that has a different cure than just raising wages.

Joe Fish

Here's another way to see that rent is probably the most important long-term affordability constraint: In a world where rent (shelter) prices increased only as fast as the rest of the economy, purchasing power today would be about 13% higher (measured by wages)

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