3 ms·
It doesn't go against it. The question is how elastic is the demand curve. If it's not elastic enough to make SF affordable for low-to-mid income residents then
by abalone 10y ago
It doesn't go against it. The question is how elastic is the demand curve. If it's not elastic enough to make SF affordable for low-to-mid income residents then we may face bad macroeconomic and cultural effects. That's where price controls come in.