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>And that's a good thing - if we go to war, we want highly productive, distributed factories because we'll need the people to actually fight the war itself.

Yay. Men get to spill their blood over a country that won't even give them enough pay to cover rent. The robots are cushy at home making weapons to kill more men with. Very good thing.

> If you expect someone with a high-school degree to be able to own a home today, the solution is not to put them to work in a factory, but to automate building houses and get rid of zoning/permitting constraints so that there are actually enough houses for everybody.

Yup, just automate out the construction industry while we're at it.

Sorry for the cynicism, but but somehow I don't think even with more houses that we're going to have Gen Z and Gen Alpha survive the way The Boomers and early Gen X did.



If there is one house per person then approximately every person gets a house, because almost everyone is willing and able to pay more for their first house than even a very wealthy person will pay for a second one. If there are 1.5 houses per person then you will have to work quite hard at being homeless.


This is wildly incorrect, wealthy people are far more likely to be able to afford and willing to pay more for excess housing than an average person. Especially if they can turn around and rent those houses at a profit.


Houses are an asset. Wealthy people in search of assets will buy the houses and rent them back to you. Or they will invest in companies that buy the houses and rent them, or banks that buy them and mortgage them for a profit.


You can not mortage for profit if there is excess of house or other item. Ultimately the price will go down.

You can mortgage to profit when the asset is scarce.




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