For real though, is there any realm of policy in modern history that’s more regressive than housing?
Where else do we actually have the opposite of luxury taxes, and make it easiest to build the most luxury product (detached mansions), and next to impossible to build the economy housing?
Where else do we actually have the opposite of luxury taxes, and make it easiest to build the most luxury product (detached mansions), and next to impossible to build the economy housing?
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Now cars have the additional complexity of being inherently regressive (in Europe poor ppl spend a smaller % of their budget on transportation bc they have functional transit. For the US they spend far more %), but once you get over that CAFE standards are ALSO very regressive.