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PaperclipPerfector  8mo ago (text post)   3779 thread views

Small-Scale Question Sunday for August 27, 2023

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I’ve been seeing posts on social media about unaffordable the housing market has become (in terms of home price to income ratio). Many people who don’t already own a home are locked out of the home ownership market because the monthly mortgage payment and down payment required has increased a lot faster than the median wage since 2020.

What impacts will unaffordable housing have on politics? Do you think we might see a shift from identity-based politics to politics more focused on economic inequality?

What impacts will unaffordable housing have on politics? Do you think we might see a shift from identity-based politics to politics more focused on economic inequality?

Absolutely. The pro-housing political movements like California YIMBY and others are gaining quite a bit of traction as of late. Look at places like Canada to see the foment of pro-housing initiatives (although Canada is sadly quite authoritarian as of late.)

Housing has been growing in importance after the lull since 2008, and I'm convinced come 2028 it will be one of the top three issues politically.

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