Big issue with housing supply is that houses aren’t built to last. Your average new house lasts 30-50 years tops. Significant repairs are needed within the first decade. Average age of houses in my ancestral village in Germany is 650 years, some were build in the 1100s.
Pay the upfront cost for a house that’ll last centuries and you have a place that will serve as a home to dozens of families. Skimp on quality and it’ll only last for a generation.
Building longevity into housing stock lowers the baseline replenishment rate and allows for a steady increase in supply commensurate with population growth.
You also need diversified local economies that are steady and resilient over the longterm. The boom and bust of particular cities/regions lead to excessive internal migrations which create shortages in some areas and surpluses in others.

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More from @GraduatedBen

24 Nov 20
Linked thread is great but let me try to breakdown into laymen’s terms why Niacin seems to be a very very good Chinese plague treatment.
Niacin lowers serum free fatty acids. Or in other words, purges the bad (PUFA) fats from your blood.

This is important because one of the cardinal indicators that a patient has increased Covid mortality risk is hyper-ferritinemia - too much iron in the blood.
Patients who don’t survive have iron levels that are twice as high as that of survivors.

Paper here describing hyper-ferritemia as a hallmark trait of Covid mortality: thelancet.com/journals/lance…
Read 10 tweets
22 Nov 20
Like I said wayyy back...lockdowns (when used at all) should have been tailored to high-risk (sick and older) Americans. This ideological insistence on treating everyone exactly the same is deranged and debunked.
EQuALitY means having the exact same guidelines for a healthy teenager as you would for an 80 year old. The cost-benefit calculation here is wildly sensitive to factors like age and pre-existing conditions and not taking that into account has been a massive policy failure.
It also means that you drag out the timeline and expose the elderly to greater risk. Rapid acquisition of post-infection immunity by the lower-risk would have reduced the number of carriers posing a threat to the high-risk.
Read 4 tweets
22 Nov 20
Trump needs to send in lawyers who are SHARKS. I have great respect for Giuliani, Powell, others, but they aren’t appellate lawyers. This isn’t a case for defense attorneys and former prosecutors - SCOTUS can only consider arguments presented, not make the arguments for us.
We need lawyers with strong appellate records who know relevant election caselaw. @tedcruz and @LindseyGrahamSC and other Judicial committee lions should be involved here. We need 2000s style Brooks Brothers clad lawchads.
The lower court filings need to be solid - it’s hard to introduce new evidence at SCOTUS level. Lin Wood got a settlement in a libel case. Cool. What’s his track record in election law (other than messing up our Michigan filing)? Has Jenna Ellis ever argued before Supreme Court?
Read 5 tweets

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