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It's not that people want housing to be more expensive, but they do want that housing to be in demand. Housing is in demand when an area is desirable -- offeri
by bmelton 11y ago
It's not that people want housing to be more expensive, but they do want that housing to be in demand. Housing is in demand when an area is desirable -- offering good schools, providing efficient social services, vibrant and diverse markets are contributing factors to a desirable area, so when housing prices increase it is a sign that the area is desirable. As an area becomes more desirable, the price of housing goes up as the result.