Show-Me Sympathy For Billionaires

Consider before you call us a commie . . .

We often compliment the advocacy of these conservative policy bloggers but on this topic theyr'e simply WRONG by recycling old school "trickle down economics" without even much of a new spin. 

 A very simple look at the market shows us that a focus on "luxury" has drive low-end consumers out of the market with very few viable incentives to build for the lower-end of the scale without massive government subsidy . . . Don't belive TKC . . . Try looking for a small two-seater truck for less than 30K. 

Nevertheless, for #TBT we indulge their fantasy . . . 

"In 2019, I argued that Kansas City’s debate over “luxury” apartments missed a basic point: housing markets are connected. When higher-income households move into new buildings, they leave something behind. Those vacancies matter. New research now makes that case with concrete evidence."

Hint . . . No it doesn't . . .  

Read more via www.TonysKansasCity.com link . . .

Luxury Housing Still Helps Lower-Income Renters

Listen to this article In 2019, I argued that Kansas City's debate over "luxury" apartments missed a basic point: housing markets are connected. When higher-income households move into new buildings, [...]