Why would you build shit for people who don't have disposable income? That sounds like a good way to lose money.

What the fuck are you talking about, Wal-Mart is yuge!

What's wrong with Walmart? That's catered to the middle class.

Skinned is trying to make some point about how new houses that are being built average 2500 sq ft while there's a huge demand for 1000 sq ft houses and not very much demand for 3000 sq ft houses. It's one of those weird things that's not well understood and we need at least 4 more 538 articles on it before we can really wrap our heads around it.

Not really.

Except for all those huge number of regulations that mandate developers must create affordable low income developments alongside big ones or else be subject to bigger tax penalties?
Forcing developers to create the affordable housing units won't protect you from economic bubbles when unregulated banks destroy the mortgage market

My data is like at least 4 years old and there's a decent chance that the 7 to 1 stat was a direct result of the bubble, but it doesn't change the fact that a bunch of people went out and built and bought a bunch of stuff that no one really both wanted and could afford. Isn't building stuff no one needs because the government incentivizes it like a hallmark of communism?

1000 feet is really fucking small and you can't raise a family in it.

Capitalism does the same thing, shotgun approach.

The difference is the capitalist foots the bill, not the taxpayer.