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> There's no zoning or technology for too much demand Agree with your first sentence, but I quibble with this part. Demand for real estate is local, and define
by heylook 9y ago
> There's no zoning or technology for too much demand
Agree with your first sentence, but I quibble with this part. Demand for real estate is local, and defined as something resembling density: it's an intensity distributed over some area. That area is limited by development and infrastructure.
For example, you can alleviate the intensity of demand by widening the area in which those consumers can be satisfied. In other words, build more transportation that makes it more palatable to live further afield. The article even mentions it specifically: running the commuter shuttle to Gunnison more frequently eases the pain of living there and working in Crested Butte.