@reidtandy

For sure.. Abundance highlights some really interesting examples of how we approaches housing *before* it was made into an asset class, which basically coincided w/ the 30-year mortgage. Housing used to be viewed (and priced) more like a thing you buy to use over a reasonably short life (like 5 to 10 years). And obviously we used to build A LOT more houses than we do now, especially in some markets (they call out California in particular). But it's definitely a hard, thorny issue now... One thing Abundance kind of glosses over: they really want to radically increase supply / new builds, which I tend to agree with, BUT, homeowners don't love that idea bc 1) it may reduce the value of their property and 2) they may have a huge skyscraper next door (not to mention traffic & other strain). Austin is a good example of this playing out, for better & for worse. It's one of those things that sounds nice, but when you actually try to implement, it's WAY harder to solve.

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