Author and founder of the nonprofit Strong Towns Charles Marohn addressed a packed conference room at the Kansas Leadership Center in downtown Wichita Tuesday night. “We have two conversations going on right now when it comes to housing,” Marohn said. “In one of these conversations, housing prices must fall. They must fall and they must fall dramatically in order to get people into homes. In the other conversation, housing prices cannot be allowed to fall, because if housing prices fall, all kinds of calamity results to our economy. This is the essence of what we call a housing trap.”
Source: KLC Journal