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Transnational Thursdays 23

This is a weekly thread for people to discuss international news, foreign policy or IR history. I usually start off with coverage of some current events from a mix of countries I follow personally and countries I think the forum might be interested in. I’m increasingly doing more coverage of countries we’re likely to have a userbase living in, or just that I think our userbase would be more interested in. This does mean going a little outside of my comfort zone and I’ll probably make mistakes, so chime in where you see any. Feel free as well to drop in with coverage of countries you’re interested in, talk about ongoing dynamics like the wars in Israel or Ukraine, or even just whatever you’re reading.

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I kind of doubt it's going to happen even then because of internal migration. What I think will happen is that the marginal places might see a crash (or just continual decline) but where you'd actually want to live (IE where there are jobs and services) will at best see a mild decline or stagnate.

This is absolutely true, and if for no other reasons it's because the major cities are so unbelievably undersupplied in housing. This estimate puts it at a need for over 4 million more housing units in San Francisco alone being needed: https://www.theatlantic.com/ideas/archive/2022/11/us-housing-gap-cost-affordability-big-cities/672184/