Caro Claire Burke
speaker
4,515 appearances
9 recordings
1 series
first heard May 2026
last heard 23 Aug
Caro Claire Burke’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 9 in all, peaking in May 2026 with 3.
Appearances
So.
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Prior to 1970, housing wasn't a prime asset.
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You bought a home to live in it.
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But that changed in the 1970s.
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Inflation was part of the reason.
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One of the main aims of federal housing policy has been to make possible the 30-year fixed-rate mortgage, a peculiar financial device that wouldn't survive a day in the economic wild.
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For example, capital is reluctant to enter industries that are easy to enter for fear competition will drive out the profit.
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The abundant solution to a lack of housing is to make it easier for developers to build for increased density.
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The more units that come onto the market, the less landlords will be able to charge.
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But the same supply mechanism that pushes down prices discourages capital from the sector.
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If what developers experience as an excess of supply stops them from projecting the same high rent levels, their lenders might just decide to put their dough in crypto instead.
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There's no reason to assume a market equilibrium point at which investors are satisfied with their projected returns and Americans of all income levels enjoy an abundance of high-quality housing.
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Very small lemons.
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Would you say Eureka
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Yeah, it seems like a real game of dominoes to be arguing that the way to solve really foundational problems of inequality in America are to just like jackrabbit housing in the most expensive cities in the country.
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I'm like, listen, I'm no economist and I'm no housing specialist and I'm also no politician.
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And I'm also not a wonk.
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And I also barely understand what we're talking about.
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But I have a very strong instinct that you are going to have a number of levers that get flicked if you suddenly just build, like, 15 high-rises in San Francisco to accommodate all of these people.
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It just seems like... It almost seems like a...
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Showing 1441–1460 of 4,515 · page 73 of 226
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