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← Affordability will be decided by what happens to the price of the…
17 connected korrents · 17 moments on record from 1 Jun 2022 to 7 Sept 2026. Nearly all of them are about housing .
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America Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: Affordability will be decided by what happens to the price of the homes that already exist, not by how many new ones get built. Affordability will be decided by what happens to the price of the homes that already exist, not by how many new ones get built. Last stated 4 years ago
4 Jan 2023
DH
Daniel Herriges — holds since 2023-01-04 — tap for who they are
Same subject: Most affordable homes are not demolished, they are repriced: units move between price tiers without anything physical changing, and that dwarfs new construction. — tap to centre the map on it Most affordable homes are not demolished, they are repriced: units move between price tiers without anything physical changing, and that dwarfs new construction. Last stated 4 years ago
4 Jan 2023
DH
Daniel Herriges — holds since 2023-01-04 — tap for who they are
Same subject: Housing affordability is almost the direct inverse of how many new homes are built, so the answer is to build more houses. — tap to centre the map on it Housing affordability is almost the direct inverse of how many new homes are built, so the answer is to build more houses. Last stated 3 weeks ago
18 Aug 2026
NS
Noah Smith — holds since 2024-03-25 — tap for who they are
DH
Daniel Herriges — holds since 2023-01-04 — tap for who they are
PL
Pieter Levels — holds since 2026-08-18 — tap for who they are
SH
Samuel Hughes — holds since 2026-06-16 — tap for who they are
Same subject: Affordability is not a property of a building; it is a price set in a transaction, so there is no such thing as affordable housing, only affordable prices. — tap to centre the map on it Affordability is not a property of a building; it is a price set in a transaction, so there is no such thing as affordable housing, only affordable prices. Last stated 4 years ago
4 Jan 2023
DH
Daniel Herriges — holds since 2023-01-04 — tap for who they are
Same subject: It is only in dense cities that land dominates the price of a home, and there the land is expensive because of the rules limiting what can be built on it. — tap to centre the map on it It is only in dense cities that land dominates the price of a home, and there the land is expensive because of the rules limiting what can be built on it. Last stated 2 years ago
2 Apr 2024
BP
Brian Potter — holds since 2024-04-02 — tap for who they are
Same subject: Cutting development costs does not cut housing prices, because prices are set by what buyers will pay and the saving is capitalised into land value. — tap to centre the map on it Cutting development costs does not cut housing prices, because prices are set by what buyers will pay and the saving is capitalised into land value. Last stated 2 months ago
30 Jun 2026
JH
Jonathan Hopkins — holds since 2026-06-30 — tap for who they are
Same subject: Building more housing in a city raises its local prices, because density is what people are moving there for. — tap to centre the map on it Building more housing in a city raises its local prices, because density is what people are moving there for. Last stated 3 years ago
19 May 2023
SA
Scott Alexander — holds since 2023-05-01 — tap for who they are
SA
Scott Alexander — no longer holds since 2023-05-19 — tap for who they are
Same subject: It has virtually never got cheaper to build a house or an office: construction costs rise at or above general inflation, in every rich country and over a century of data. — tap to centre the map on it It has virtually never got cheaper to build a house or an office: construction costs rise at or above general inflation, in every rich country and over a century of data. Last stated 5 months ago
23 Apr 2026
BP
Brian Potter — holds since 2026-04-23 — tap for who they are
Same subject: The right response to housing costs is to build millions more homes as fast as possible. — tap to centre the map on it The right response to housing costs is to build millions more homes as fast as possible. Last stated 8 months ago
6 Jan 2026
MH
Morgan Housel — holds since 2026-01-06 — tap for who they are
Same subject: A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost. — tap to centre the map on it A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost. Last stated 5 months ago
1 Apr 2026
TP
Thuan Pham — holds since 2026-04-01 — tap for who they are
Same subject: Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022. — tap to centre the map on it Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022. Last stated 4 years ago
25 Jul 2022
NS
Noah Smith — holds since 2022-07-25 — tap for who they are
Same subject: Central bank purchases of government bonds are not bailouts and do not automatically cause inflation, since they only change the composition of the consolidated government's liabilities, not their total. — tap to centre the map on it Central bank purchases of government bonds are not bailouts and do not automatically cause inflation, since they only change the composition of the consolidated government's liabilities, not their total. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A bank should be managed against the fat tails it can imagine, not against the stress test its regulator hands it. — tap to centre the map on it A bank should be managed against the fat tails it can imagine, not against the stress test its regulator hands it. Last stated a year ago
16 Jul 2025
JD
Jamie Dimon — holds since 2025-07-16 — tap for who they are
Same subject: A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. — tap to centre the map on it A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output. — tap to centre the map on it A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A Chinese crewed landing on the Moon before America returns would be a defeat for the free world. — tap to centre the map on it A Chinese crewed landing on the Moon before America returns would be a defeat for the free world. Last stated 3 weeks ago
18 Aug 2026
CH
Casey Handmer — holds since 2025-10-31 — tap for who they are
EB
Eric Berger — holds since 2026-08-18 — tap for who they are
Same subject: A country cannot have radical technological breakthroughs and also refuse to tolerate uncomfortably rich people, because the financial system it resents is what funds the innovation. — tap to centre the map on it A country cannot have radical technological breakthroughs and also refuse to tolerate uncomfortably rich people, because the financial system it resents is what funds the innovation. Last stated a year ago
13 Aug 2025
KJ
Keyu Jin — holds since 2025-08-13 — tap for who they are
Same subject: A country's large trade deficit in manufactured goods reduces its manufacturing employment below what it would be with balanced trade. — tap to centre the map on it A country's large trade deficit in manufactured goods reduces its manufacturing employment below what it would be with balanced trade. Last stated yesterday
7 Sept 2026
PK
Paul Krugman — holds since 2026-09-07 — tap for who they are
At the centre
Affordability will be decided by what happens to the price of the homes that already exist, not by how many new ones get built.
Holds DH Daniel HerrigesRead this korrent →
Most affordable homes are not demolished, they are repriced: units move between price tiers without anything physical changing, and that dwarfs new construction.
Holds DH Daniel Herriges
Housing affordability is almost the direct inverse of how many new homes are built, so the answer is to build more houses.
Holds DH Daniel HerrigesSH Samuel Hughes
Affordability is not a property of a building; it is a price set in a transaction, so there is no such thing as affordable housing, only affordable prices.
Holds DH Daniel Herriges
It is only in dense cities that land dominates the price of a home, and there the land is expensive because of the rules limiting what can be built on it.
Holds BP Brian Potter
Cutting development costs does not cut housing prices, because prices are set by what buyers will pay and the saving is capitalised into land value.
Holds JH Jonathan Hopkins
Building more housing in a city raises its local prices, because density is what people are moving there for.
No longer holds SA Scott Alexander
It has virtually never got cheaper to build a house or an office: construction costs rise at or above general inflation, in every rich country and over a century of data.
Holds BP Brian Potter
The right response to housing costs is to build millions more homes as fast as possible.
Holds MH Morgan Housel
A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost.
Holds TP Thuan Pham
Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022.
Holds
Central bank purchases of government bonds are not bailouts and do not automatically cause inflation, since they only change the composition of the consolidated government's liabilities, not their total.
Holds
A bank should be managed against the fat tails it can imagine, not against the stress test its regulator hands it.
Holds JD Jamie Dimon
A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate.
Holds
A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output.
Holds
A Chinese crewed landing on the Moon before America returns would be a defeat for the free world.
Holds CH Casey HandmerEB Eric Berger
A country cannot have radical technological breakthroughs and also refuse to tolerate uncomfortably rich people, because the financial system it resents is what funds the innovation.
Holds KJ Keyu Jin
A country's large trade deficit in manufactured goods reduces its manufacturing employment below what it would be with balanced trade.
Holds PK Paul Krugman