Evidence receipt / belief
Published · transcript-backedSam Altman: belief
27 Feb 2019 Conversations with Tyler Sam Altman on Loving Community, Hating Coworking, and the Hunt for Talent
“I think one of the things that’s gone badly wrong in the United States is, we have now pursued for a long time a policy where we want housing to be an investment, not a consumption asset, and thus grow faster than the rate of inflation.”
Source trail
Everything needed to verify it.
- Speaker
- Sam Altman
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 27 Feb 2019
- Publisher
- Conversations with Tyler
Transcript context
…Community centers? All these tutors who are put out of work by AI — they meet up with children there? I would take really cheap housing. If we could fill them all up with really cheap housing, I’d be pretty happy. I think one of the things that’s gone badly wrong in the United States is, we have now pursued for a long time a policy where we want housing to be an investment, not a consumption asset, and thus grow faster than the rate of inflation. After you let those curves compound out for many decades, you get the predictable disaster we’re in now, where you basically steal the future from young people. If you could pick one national policy that would help, I think, with redistributing economic opportunity, the cost of housing near high-quality jobs — that would be a great thing to do. How optimistic are you about the prospects in the Bay Area of having greater freedom to build in a way that would, say, lower prices by 20 percent, compared to baseline?…
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