Nolan Browne

@EggersMatt radically influence each market differently I mean.

@EggersMatt The most often cited number and largest numbers cites 7.3M is likely a indiscriminate mashup of everyone who is saying housing is unaffordable where as the 3.5M number is purely the govt subsidized markets.. different economic scenarios will radically influence each shortage.

We all know there is a huge housing shortage in the U.S. And yet I'm also reading about grade schools thru colleges struggling with rapidly declining enrollment. These trend lines take time to cross, but they will cross. When does that happen?

@EggersMatt There are hard but very real non-market forces securing the boundaries of each market with entrenched economic interests that reinforce the separation. That means that market equilibrium for "affordable housing" is different from that of "workforce housing" or "executive housing

@EggersMatt This is a tricky question because IMHO the "housing market" economically behave as three loosely inter-linked but distinctly separate markets when it comes to shortages. Broadly speaking there is a gov't subsidized, market rate and Veblen good like scarcity market.

@EggersMatt Sorry to hear this happened to you and grateful you are fast. There are a lot of druggies out there these days.

Just got chased across a parking lot by some scary dude. I'm staying in the 'burbs outside a mid-size Midwestern city. Lovely evening so went for a walk through a nearby office park. Some large guy approaches me and asks if I know where the Dollar Store is.

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