Is that Sea Lion lunch?

Yup, the zoning changes plus a lot of similar factors since the 1980s crippled home building every recession, and never recovered it each time.

Not often enough, military bases are STD playgrounds.

It's a supply demand chart, they do makes sense, but usually require a bit of explaining to really understand.

The short answer though is that population growth has outstripped housing growth since Reagan, limiting supply. While interest rates since Reagan have increased demand. Lots of reasons why, on both sides, end result is a deep hole of expensive housing, and a lot of bad ways to fix it.

The biggest reason is the number of households grew far faster than the number of houses. In constrained areas the number of households tripled, while the number of houses grew 20%. There's no financial reform that fixes that. In remote areas cheap financing and increasing costs for construction are the largest factors.

There's no single fix to home prices being insane. It's going to take multiple reforms, and time for markets to adjust, plus homes to be constructed.

Never sit on the electric fence.

Have they solved the carbon fouling problem yet?

Homuz is an inflation dial for the planet. Squeeze the channel and inflation goes up. Right now it doesn't seem so bad, because China decided to flex their own oil reserves. That's the reason the US doesn't have $5-$6 a gallon gas right now. Until shipping is moving in Hormuz again, China still has the option to make that happen. And they might, depending on how dipshit Donny talks about them.

The only difference between Iran or the US controlling Hormuz, for the average Joe is what crazy bastard gets to hold the inflation dial.

Also there's a very long delay on some of the affects. Food prices are going to get real sketchy around the world this winter and going into next year.

Hey! It doesn't mean we're that ol...fuck.

Cartel behavior isn't regulated on an international level. Or within most nations. So not a lot of chances for that, until there's some global structural changes.

There's a good deal of money behind keeping screens you can read in sunlight, staying very expensive. Even outside of eReaders.

I've seen a few polls on him. I don't know who their next senator is going to be, but it's not going to be Fetterman.