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The problem is that there is not enough supply to meet demand, and it's politically trendy to blame demand. Squeezing supply is a surefire way to make sure only
by cynicalkane 9y ago
The problem is that there is not enough supply to meet demand, and it's politically trendy to blame demand. Squeezing supply is a surefire way to make sure only Google engineers can afford apartments, and that's a bad thing, but the typical anti-housing activist doesn't think this far ahead. They want to blame wealthy tech people for everything, but don't understand they're creating a world where only wealthy tech people can compete with existing property owners for housing.
Increased supply would boost the American economy and make everyone happy except the NIMBYs. But the NIMBYs have the political power.