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I think it's both. Many people want to live in a dense neighborhood (hence urbanization), and if you restrict growth, you make your area unattractive to those p

by im2w1l 11y ago

I think it's both. Many people want to live in a dense neighborhood (hence urbanization), and if you restrict growth, you make your area unattractive to those people.

dmichulke 11y ago
Yes, you get less people but the prices go up even more because "restrict growth" is the same as "reduce future supply"
- im2w1l 11y ago
  Supply obviously decreases, but my point is that demand decreases so much that prices fall.