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> There is no one on this board that doesn't understand that more people with more money wanting a thing that there are few of drives up the price. Look in thi
by morgante 10y ago
> There is no one on this board that doesn't understand that more people with more money wanting a thing that there are few of drives up the price.
Look in this very thread and you will find people who insist that allowing development would somehow cause prices to rise and for people to be forced out of their homes.
- intopieces 10y agoIt's not that allowing development is then reason that prices go up and cause people to be forced from their homes. It's that the developments themselves won't sufficiently increase the supply to the point that it would prevent the rise in housing costs, so they'd rather that development not get built at all because they have other, aesthetic or cultural objections in addition to that. Again, complex interlocking factors. Not denial of economics.
- morgante 10y agoYou will find plenty of people who insist that replacing an old house with a new 8-story apartment building will somehow increase the price of housing.