A high inflation regime promotes taking on debt as inflation makes it cheaper to pay off. That debt will get spent. If hyperinflation is threatened, buying inflation hedges is the "smart" move - real estate, gold, foreign assets. This similarly applies to simply not holding on to savings, as inflation devalues all money that you save at a faster rate than durable goods.
This is, literally, basic economics. And none of it is mentioned in the article.
jQuery bby
There is never a counterargument and you were no exception.
Don't worry Dems are doing a way better job campaigning for Trump by openly supporting genocide.
You could also recognize that voting is a rigged process and is in no way the limit of political action. You can then choose to do things that are better than using bad game theory to try to get people to vote for a genocide.
And we are still right.
Finally someone is standing up to the woke mob. Thank you, WB conglomerate! You are the true underdog.
I met Horus once. You know, the god.
Gonna lose to the other Tory party lol
No, the problem with housing is that it is a financialized commodity that is engineered to go up in price faster than wages because it's an investment. Not just for individuals, but for real estate companies and banks that gamble with the loans. Zoning laws are a symptom of this, but even if you basically get rid of them (as happens in various places in Texas), the same trend applies.
Those construction companies (really, real estate companies) all get big loans to build those apartments and they do so with an expectation of per-unit profits, often with unrealistic targets unless property values increase even more, and often targeting richer people. When they fail to rent enough at that price point, rather than decreasing rents (which would spook their lenders), they just leave units vacant until they can hit that price point. There are half-empty "luxury apartment" buildings dotting every major city due to this.
The most anyone can point to for the impact of zoning is that prices to rent tend to go up slightly slower.
Your local government is also likely funded by property taxes that are pegged to property values, which is why they never do anything sufficient to handle this issue.
They have too many downsides. Most of them aren't actually reusing containers because they're usually too small and they're coated with toxic materials that prevent mold and pests from living in them. They look large enough at first, but this is before you have to install a floor and walls and a ceiling with insulation all around and plumbing and electrical, etc. In addition, if you want to add windows by cutting into the sides, you've just undermined the structural integrity of the thing, as it's premised on being exactly that (stackable) box. So then you have to reinforce the crap out of it if you want windows.
Putting all of that together, to safely put together a reasonably livable container home, you're basically just using it as an aesthetic piece, as you've had to buy the shell new and then spend the rest of your budget trying to make it actually work as a home. It's cheaper and better to build a small home with commodity materials unless you really, really want that aesthetic.
Inflation is just rising costs. It includes price gauging and having to pay tariffs.