Nothing Costs Like Crime

For so long as I can bear in mind, even earlier than "affordability" grew to become a outstanding theme in American public discourse, politicians and pundits have tracked the costs of properties, gasoline, milk, eggs, and different grocery store staples. Affordability, or the shortage of it, has lengthy been the express objective or chief grievance of policymakers debating housing, public finance, and financial regulation. In these debates, both sides desires to point out that its proposals will make constituents’ lives better-that is, extra reasonably priced. The main focus usually falls on points like housing provide, tax charges, and social-welfare…



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