A lot of interaction between the housing crisis and how monetary policy works, but also how unfair it is. Another reason to stop blocking house building 馃彔
Though understandable, the objections you often hear to new student housing are counterproductive. It's efficient accommodation capacity. We need more not less.
Doesn't it undermine credibility more to miss the 2% target? Is there something magic in the specific number? Are markets too irrational to appreciate that 2 is arbitrary?