Housing Shortages Are Self-Made, Unnecessary

Housing Shortages Are Self-Made, Unnecessary
A young woman in her tent on Oct. 22, 2018. She is among the more than 200 people who live at the large encampment along Hiawatha and Cedar Avenues in Minneapolis, Minnesota. KEREM YUCEL/AFP/Getty Images
Fergus Hodgson
Updated:
A glaring disparity between North American cities has accentuated in the past decade: housing affordability. As house prices spike in specific locales, they make ownership a dream rather than a reality.
Higher rents also eat away at the disposable incomes of residents. The squeeze means many locals simply must leave, and it spawns homeless populations that include the working poor.
Fergus Hodgson
Fergus Hodgson
Author
Fergus Hodgson is the director of “ Econ Americas”, a financial consultancy, and publisher of the “ Impunity Observer” , a geopolitical intelligence service. He is the author of “ Financial Sovereignty for Canadians: Untether Yourself from the Ottawa Leviathan (2024).”
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