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0 sats \ 1 reply \ @Butterfinger OP 8 Mar \ parent \ on: We need more cheap houses, and a huge offer of new houses/apartments. Construction_and_Engineering
I am not keynesian pal, nor willing to have anything to do with govts, subsidies and sugar.
Strong economies cannot exist without good government.
If you disagree show me where and when that has ever occurred.
Hpusing price escalation since 1980s are due to neoliberalisms capture of western governments and their removal of restraints upon the purpose for which commercial banks can issue fiat debt funding.
Restraints which restricted commercial banks to the issuance of funding for productive purposes.
Keynesian theory prohibits the misuse of fiat debt issuance that neoliberals have used to inflate housing prices making it a parasitic debt fueled ponzi scheme.
If you do not understand this you do not understand the nature of the problem and are very unlikely to find a solution to it.
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