The Radical Middle Podcast Episode 4 - Did Housing Make Us Richer?

In this the fourth episode of The Radical Middle, host Thomas McMurtry and special guest Ian Hull discuss the impact of real estate investment on Canada's economy and wealth creation. They explore how rising housing costs have made Canadians feel economically precarious, despite some individuals benefiting from increased property values. The conversation covers Canada's low productivity compared to the US, lack of investment in capital and infrastructure, and the challenges of redistributing wealth versus increasing the overall size of the economic pie.  Potential solutions discussed included decentralized community lending systems, digital currencies, and increasing competition in the banking sector, while acknowledging the difficulty of unwinding the current debt-laden housing-focused lending model that dominates the Canadian economy.