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Demand =/= quantity demanded. If people demand a certain quantity at a certain price, they will demand more at a lower price. That "more" isn't going to make th
by hx87 10y ago
Demand =/= quantity demanded. If people demand a certain quantity at a certain price, they will demand more at a lower price. That "more" isn't going to make the object's price go up.
> What if Californians just decided they want their communities to look the way they do now?
If that, rather than selfishly increasing their property values at public expense, is their true motivation, they can do this in a way that satisfies everyone. Drive out all the businesses that bring in the money chasing after housing.