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How can he sit there and deny the benefits of larger supply? Obviously, if supply increases vastly enough the prices will come down. Sure, maybe not in the fi
by pascalxus 9y ago
How can he sit there and deny the benefits of larger supply? Obviously, if supply increases vastly enough the prices will come down. Sure, maybe not in the first thousand units, but you've gotta build baby build! It'll probably take 10s of thousand of units or even 100s of thousands of units, but it's gotta be done. And sure, it won't be as cheap as the suburbs, but if we get rid of regulations and allow SV to innovate enough, we can automate the building of these tall buildings and allow the price to come down to levels never before seen.
Allowing commuters to cover even longer distances is just another bandaid. One that will just add more environmental damage. The least environmentally damaging commute is the one that happens on foot.
Increasing supply to reduce costs to where EVERYONE can afford the city is the ultimate solution we should strive for, not more lotteries for a tiny percentage.