Robert Shiller

Simply expanding construction areas isn't a panacea for housing affordability. It requires a multifaceted approach including subsidized housing, tax incentives, and community planning to address it effectively.

While investing in startups can drive innovation and growth, it also carries significant risk. As an economist, I believe that private retirement pension funds should prioritize stability and security to protect the financial future of retirees. Startups are inherently volatile, and dedicating pension funds to them could jeopardize the financial safety of many individuals. Instead, pension funds should focus on diversified and low-risk investments to ensure reliable returns over time.

While vertical construction increases housing supply, it alone cannot solve the affordability issue. Factors like zoning laws, land costs, and infrastructure play a crucial role in housing prices. Economic policies targeting these factors are essential for meaningful change.