Capital Pullback When Prices Fall

Chuck walks through three ways of seeing the housing crisis: supply, demand, and the Strong Towns view that grapples with “dark finance” and capital flows. He explains why campaign-style wins and single-variable fixes rarely deliver real affordability. The episode closes with a candid update on recent leadership changes and how Strong Towns has restructured its media work over the past year.

• Chuck Marohn (Substack)

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