Tap a claim on the ring to put it at the centre.
← The Federal Reserve's belief in a housing oversupply in 2008…
17 connected korrents · 15 moments from 1 Jun 2022 to 28 Sept 2026. Nearly all of them are about housing .
Everything filed under interest rates
interest rates
Everything filed under design
design
Everything filed under America
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: The Federal Reserve's belief in a housing oversupply in 2008 contributed to the severity of the economic crisis. The Federal Reserve's belief in a housing oversupply in 2008 contributed to the severity of the economic crisis. Last stated 4 weeks ago
28 Sept 2026
KE
Kevin Erdmann — holds since 2026-09-28 — tap for who they are
Same subject: A house is built by trades that barely coordinate with each other, which is what makes housing cheap to design and almost impossible to redesign. — tap to centre the map on it A house is built by trades that barely coordinate with each other, which is what makes housing cheap to design and almost impossible to redesign. Last stated 3 years ago
2 Apr 2024
BP
Brian Potter — holds since 2024-04-02 — 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: Building a lot of housing in an expensive city will not lower rents there; it lowers them in the cheaper places that were absorbing its spillover demand. — tap to centre the map on it Building a lot of housing in an expensive city will not lower rents there; it lowers them in the cheaper places that were absorbing its spillover demand. Last stated 2 years ago
29 May 2024
DH
Daniel Herriges — holds since 2024-05-29 — tap for who they are
Same subject: Building materials are already about as cheap as civilisation knows how to make them, so cheaper materials are not where housing savings will come from. — tap to centre the map on it Building materials are already about as cheap as civilisation knows how to make them, so cheaper materials are not where housing savings will come from. Last stated 3 years ago
2 Apr 2024
BP
Brian Potter — holds since 2024-04-02 — 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: Chinese factory workers are more motivated than American ones because what they want has been getting cheaper against their wages while American housing has not. — tap to centre the map on it Chinese factory workers are more motivated than American ones because what they want has been getting cheaper against their wages while American housing has not. Last stated 10 months ago
25 Dec 2025
MH
Molson Hart — holds since 2025-12-25 — tap for who they are
Same subject: Corridor zoning's real purpose is to concentrate density's pollution and social costs onto arterial streets so single-family areas can avoid them. — tap to centre the map on it Corridor zoning's real purpose is to concentrate density's pollution and social costs onto arterial streets so single-family areas can avoid them. Last stated 3 months ago
15 Jul 2026
AL
Alon Levy — holds since 2026-07-15 — 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 4 months ago
30 Jun 2026
JH
Jonathan Hopkins — holds since 2026-06-30 — 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 central bank can stop giving forward guidance without abandoning accountability for explaining its decisions. — tap to centre the map on it A central bank can stop giving forward guidance without abandoning accountability for explaining its decisions. Last stated 2 months ago
20 Aug 2026
CS
Claudia Sahm — holds since 2026-08-20 — tap for who they are
Same subject: Ceding control of the Fed's balance sheet to the Treasury so it can keep interest rates low for more government borrowing would be a real inflation risk. — tap to centre the map on it Ceding control of the Fed's balance sheet to the Treasury so it can keep interest rates low for more government borrowing would be a real inflation risk. Last stated 2 months ago
17 Aug 2026
CS
Claudia Sahm — holds since 2026-08-17 — 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: Central banks may begin easing tightening measures in the first half of 2023 as inflation and the economy cool. — tap to centre the map on it Central banks may begin easing tightening measures in the first half of 2023 as inflation and the economy cool. Last stated 4 years ago
1 Jan 2023
FW
Fred Wilson — holds since 2023-01-01 — tap for who they are
Same subject: A government's debt dynamics are a household's or a company's, except that it can print money and tax -- and those two powers are what change the ending. — tap to centre the map on it A government's debt dynamics are a household's or a company's, except that it can print money and tax -- and those two powers are what change the ending. Last stated 2 months ago
21 Aug 2026
RD
Ray Dalio — holds since 2026-08-21 — tap for who they are
Same subject: A longer average debt maturity protects a government from temporary interest-rate spikes and gives it more time to adjust to permanent rate increases. — tap to centre the map on it A longer average debt maturity protects a government from temporary interest-rate spikes and gives it more time to adjust to permanent rate increases. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: Canceling government bonds held by a central bank creates no fiscal space, because the reduction in government interest payments is exactly offset by an equal reduction in the profits the central bank remits to the government. — tap to centre the map on it Canceling government bonds held by a central bank creates no fiscal space, because the reduction in government interest payments is exactly offset by an equal reduction in the profits the central bank remits to the government. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
At the centre
The Federal Reserve's belief in a housing oversupply in 2008 contributed to the severity of the economic crisis.
Holds Read this korrent →
A house is built by trades that barely coordinate with each other, which is what makes housing cheap to design and almost impossible to redesign.
Holds
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
Building a lot of housing in an expensive city will not lower rents there; it lowers them in the cheaper places that were absorbing its spillover demand.
Holds
Building materials are already about as cheap as civilisation knows how to make them, so cheaper materials are not where housing savings will come from.
Holds
Building more housing in a city raises its local prices, because density is what people are moving there for.
No longer holds
Chinese factory workers are more motivated than American ones because what they want has been getting cheaper against their wages while American housing has not.
Holds
Corridor zoning's real purpose is to concentrate density's pollution and social costs onto arterial streets so single-family areas can avoid them.
Holds
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
A bank should be managed against the fat tails it can imagine, not against the stress test its regulator hands it.
Holds
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 central bank can stop giving forward guidance without abandoning accountability for explaining its decisions.
Holds
Ceding control of the Fed's balance sheet to the Treasury so it can keep interest rates low for more government borrowing would be a real inflation risk.
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
Central banks may begin easing tightening measures in the first half of 2023 as inflation and the economy cool.
Holds
A government's debt dynamics are a household's or a company's, except that it can print money and tax -- and those two powers are what change the ending.
Holds
A longer average debt maturity protects a government from temporary interest-rate spikes and gives it more time to adjust to permanent rate increases.
Holds
Canceling government bonds held by a central bank creates no fiscal space, because the reduction in government interest payments is exactly offset by an equal reduction in the profits the central bank remits to the government.
Holds