• Jai1@feddit.uk
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    1 year ago

    The inflating away of prices only works if salaries don’t inflate at the same rate, the problem with that is then still that you have a big hit on quality of life. It doesn’t really change affordability in any way. As non-housing spending will go up more out of the total salary leaving a smaller amount available for housing costs. Ultimately the only solution to the housing affordability problems is more housing in the places where more people want to live.