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The near doubling of the American housing price/income ratio is caused by a supply shortage.

Drawn from what Kevin Erdmann said

What these subjects mean

discipline Doing the work when you do not feel like it: whether showing up is the whole secret, or systems and enjoyment beat willpower.

housing What a place to live costs and why: how much gets built, zoning, and who is blamed for the price.

What Kevin Erdmann actually said

  1. Kevin Erdmann American housing economist
    The short version is that the near doubling (on average) of the price/income ratio of American housing is from a supply shortage. And, in fact, that's the only feasible cause of such a persistent price anomaly.

Added to korrents 24 Oct 2026 · How quotes work · Something wrong? Tell us

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