Comment by jmyeet

This "Abundance" nonsense is simply liberal repackaging of Reagan's trickle down economics and deregulation. That's all it is. Reagan's policies were designed to transfer wealth from the young and the poor to the old and the wealthy. Abundance will do (more of) exactly the same.

The very best case fo housing deregulation as per this Abundance nonsense is Houston. And that's only if you have essentially unlimited land.

Private industry simply will not lower house prices long term. We need to stop with this nonsense of looking for market-based solutions and public-private partnerships.

The only solution to housing is for the government to maintain a sufficient stock of quality housing such that the private sector simply cannot corner the market to drive up prices.

The example I always come back to is Vienna where ~60% of the housing stock is owned by the government. Residents essentially have permanent leases. It's affordable and accessible. Vienna has some of the lowest rents in a European city.

The purpose of the modern Democratic Party in the US is support American imperialism and to not upset their corporate donors. "Abundance" only exists so Ezra Klein can get invited to all the cool parties, get speaking engagements and generally curry the favor of the billionaire class and the Democratic establishment. It's just a liberal face on Reaganism.