Friday Focus – Housing: The Theory of Everything
September 1, 2023
Friday Focus – Housing: The Theory of Everything
On this edition of the Friday Focus podcast, Janice and Rudyard spend the show talking about housing and how it has become the “theory of everything” in advanced economies around the world from China to Canada. What are the opportunity costs for nations that are making housing an outsized driver of economic growth? How do high housing costs play into social inequality and intergenerational unfairness? And, what are the implications of trying to curb the now multi-decade “financialization” of housing as an asset? Housing is no longer an issue we can afford not to address, but are we prepared for the costs?
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