Viewing the home as a basic necessity, not an investment, can bring down prices and rents, help to boost the economy, reduce inequality and end destructive housing bubbles
Mon, Feb 13, 2017 - 5:50 AM
If we stopped thinking of our homes as big moneymakers, we would probably start focusing on building them faster and less expensively.
Mr Wilson's (above) company Kasita wants to produce one-bedroom homes that are identical in size and bought for a single price, and could be placed on city lots that traditional developers are unlikely to be interested in.
SUPPOSE there were a way to pump up the economy, reduce inequality and put an end to destructive housing bubbles such as the one that contributed to the Great Recession. The idea would be simple, but not easy, requiring a wholesale reframing of the US economy and housing market...