Housing subsidies worsen long-term affordability despite short-term popularity
John Arnold · The World's Greatest Energy Trader on Markets, China, and AI · Invest Like The Best · Mar 4, 2026 · at 56:04
John Arnold explains why short-term political election cycles drive federal politicians toward subsidies rather than deregulation for housing reform.
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“And one of the easiest thing to do there is if you have access to the budget, which, you know, federal politicians do, you just start subsidizing things, which makes the problem worse in the long term. But, you know, the electorate likes it in the short term.”
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