3 ms·

First of all, what's "prevailing rent" now would be "ridiculously expensive" few years back. That's lack of supply skewing market. There should be other option

First of all, what's "prevailing rent" now would be "ridiculously expensive" few years back. That's lack of supply skewing market. There should be other options than building in your backyard. Find underused places and build up there. The biggest problem is what to build and how: it's amazingly easy to screw this one up (too sparse? too dense? too high? too low?)

sokoloff 10y ago
One man's "lack of supply" is another man's "uptick in demand" skewing the market. You can't simply conclude it's one xor the other.
- guard-of-terra 10y ago
  uptick in demand should be met with uptick in supply.