At last, someone from the world of politics is being honest about a pervasive and harmful trade-off. When home prices rise faster than earnings, owners like me gain wealth, while non-owners lose because their incomes fall further behind housing costs.
Honesty is saying that home prices have to fall. But this is progress.
The Generation Squeeze folks have recommendations.
Go check AirBnB for your nearest large city. Every one of those could be a home for someone.
What does that have to do with anything I said? Airbnb is a small fraction of all units and counted in my ownership as not owner occupied. We build more new units per year than airbnb units exist in total.