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A shortage is supply vs. demand by definition. Shouldn't real estate developers be able to make even more money on top of this by increasing the housing supply
by nerfhammer 9y ago
A shortage is supply vs. demand by definition.
Shouldn't real estate developers be able to make even more money on top of this by increasing the housing supply? Wouldn't the "banks" have cheap loans for real estate developers? This can't explain a shortage.
- pjmorris 9y ago> A shortage is supply vs. demand by definition. Capital dollars (from VC's) are easier to come by in SV than wage dollars. You prefer to think of the shortage as one of houses. I ask you to consider the idea that it is a shortage of wage dollars.