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Ding ding ding! When something that's in limited supply gets popular, it also gets expensive. If someone wants to argue that the limited supply is artificial,
by Domenic_S 11y ago
Ding ding ding!
When something that's in limited supply gets popular, it also gets expensive. If someone wants to argue that the limited supply is artificial, be my guest, but I have to point out that it's a lot easier and cheaper to build more humans (or move more humans in) than it is to build more housing for them -- after some inflection point demand will always outstrip supply.
So we build Manhattan straight up, to the limits of engineering, and can now fit 8 million people (~5x more than today). Great, what happens to the next million people? They get priced out! It will always happen!