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Gen Z is not making things up when it says housing costs can be financially crippling for young families. Rents and home prices have risen swiftly in recent years thanks to both monetary inflation and the cumulative effects of government intervention. The rent really is too high, and this has radicalized many young voters. Unfortunately, as Diyar Kasymov shows today, many look to false “solutions” like rent control to fix things. Housing is one of the most regulated and subsidized industries in America. If we want more affordability, we need to give free markets a try (for once).
Young families are also now taking another hit as the job market slows and recession fears mount. Frank Shostak today explains what really causes recessions.
Ryan McMaken, Editor-in-Chief |
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