Do We Actually Want Affordable Housing: What Was Driving Up House Prices?

The video explores the historical shift from city centers to suburbs in the mid-20th century, driven by factors like the Interstate Highway system and the phenomenon of 'white flight.' It discusses how housing was more affordable in the 1970s due to urban sprawl and low demand. The 1980s marked a shift where real estate became an investment vehicle, leading to a disconnect between house prices and wages. The video concludes with modern challenges in the housing market, including skyrocketing prices and foreign investment, exacerbated by the pandemic.

What new insight or understanding did you gain from this video?