Actually, it’s zoning laws restricting new supply.

Jordan The Nostr Miner
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↳ 回复 Libertas Primordium (npub1un5y07dnu20fxzelq5scweuz37xa6kkpwl66634xv9h49ewr04kswpevsy)
I've heard idiots blame all sorts of things for rising home prices except the Federal Reserve. It's private equity, or its greedy homeowners asking to...
Actually, it’s zoning laws restricting new supply.
Government intervention by regulation has been the primary cause of prices going up.
Everything that isn’t over regulated gets cheaper over time.
But yes inflation does suck a little bit too.
Image source:
https://www.aei.org/carpe-diem/chart-of-the-day-or-century-6/

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