Create a society that does it's best to drive housing prices up faster than wages and this is the necessary result. This and homelessness and the strangulation of nascent innovative cities like Portland (and Vancouver).
Of course no politician is going to advocate driving down housing prices because, in lieu of an adequate retirement system, vast swathes of the populace are entirely dependent on that housing Ponzi scheme for their old age. Its disruption is unthinkable to them. That and the inordinate influence of the mortgage industry.
So loudly blaming rent control and zoning is the prefect way to do absolutely nothing about the problem as neither of these have any but the most minimal impact on the situation. If you wanted to guarantee the next generation has it even harder, limiting the conversation to these essentially irrelevant points would be the perfect way.
Of course no politician is going to advocate driving down housing prices because, in lieu of an adequate retirement system, vast swathes of the populace are entirely dependent on that housing Ponzi scheme for their old age. Its disruption is unthinkable to them. That and the inordinate influence of the mortgage industry.
So loudly blaming rent control and zoning is the prefect way to do absolutely nothing about the problem as neither of these have any but the most minimal impact on the situation. If you wanted to guarantee the next generation has it even harder, limiting the conversation to these essentially irrelevant points would be the perfect way.