3 ms·
The demand curve is continuous so the effect on prices is continuous. There is no threshold effect.
by bo-chen 9y ago
The demand curve is continuous so the effect on prices is continuous. There is no threshold effect.
- dredmorbius 9y agoI tend to agree, though it might be interesting to consider dynasmics in which this wouldn't hold. Housing-as-asset-class, with phased new supply and demand stimulation might have opposite effects if the stock substitutes for other investment vehicles. Typical asset bubble.