What is Nostr?
sooly / Sooly Kobayashi
npub1hzz…nqel
2025-01-21 13:53:12
in reply to nevent1q…hlgu

sooly on Nostr: I never understood it before taking saifedean 's principles of economics course. ...

I never understood it before taking saifedean (nprofile…jt2p) 's principles of economics course. You're right. The Austrian perspective suggests that stable, unmanipulated interest rates would lead to housing being valued primarily for its use-value rather than speculation. A more stable housing market emerges when homes are built based on genuine demand for shelter rather than artificial investment incentives.
This aligns housing with its fundamental purpose: providing shelter and community, while avoiding the boom-bust cycles that make housing increasingly unaffordable for actual residents.
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