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As long as demand outstrips supply, prices will go up. How much depends on how big the gap is. Government action can try to limit this (subsidizing construction
by maccam94 11y ago
As long as demand outstrips supply, prices will go up. How much depends on how big the gap is. Government action can try to limit this (subsidizing construction in nearby areas, improving public transit to areas with more room to build, slashing police budgets to increase the crime rate....) but it only works if it can shift the demand.
- politician 11y ago> slashing police budgets to increase the crime rate [to reduce housing prices] That sounds interesting -- can you point me to any documentation about this practice, or are you just brainstorming?