- Nov 16, 2003
- Dunedin, New Zealand
Interesting video about how the housing crisis basically feeds intobl everything else going wrong.
It's a bit simplified eg NZ gets a shout-out but his solution is build more houses which we are kinda doing. NZ and Canada are a bit anead of most in the housing crisis crunch. Prices here are starting to drop after 2 years of 20%+ gains tending an upward trend since 2003.
Anyway my basic argument is that wealth inequality which is largely tied to housing is the prime factor driving extremism. Video points out populists of all polical stripes fail at fixing things.
Imho they fail because they either had no intention of fixing things or the over promise simple fixes to complex problems and can't deliver.