Francesca Mari; Photographs by Luca Locatelli
New York Times
Soaring real estate markets have created a worldwide housing crisis. What can we learn from a city that has largely avoided it? The difference is Vienna prioritizes subsidizing construction, while the U.S. prioritizes subsidizing people with vouchers
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It would be irresponsible to create much higher unemployment – and the US economy could be pushed into recession. There is a strong argument for the Fed to take a break from its aggressive monetary-policy tightening.
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