“In the land of the free, where home ownership is a national dream, borrowing to buy a house is a government business for which taxpayers are on the hook.”
“If you think that there has never been a better time to be alive — that humanity has never been safer, healthier, more prosperous or less unequal — then you’re in the minority. But that is what the evidence incontrovertibly shows.”
Noah Smith criticizes heterodox macro
And then addresses some of the responses
The Solution to High Rents: Build More Houses. Who would have thought?