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Ok, so what you actually meant to say was "the Seattle housing market is totally responsive to supply and demand, but we are consciously limiting supply". Since
by lazyasciiart 9y ago
Ok, so what you actually meant to say was "the Seattle housing market is totally responsive to supply and demand, but we are consciously limiting supply". Since we both agree that 10x the current number of houses would bring prices down, then there's a far more useful investigation to be done into what the lowest number of houses that needs to be built in order to reduce prices. That discussion is the one that needs to be actually had in order for policies like HALA to come from an informed and rational plan. Claiming "nothing will ever lower prices!!!!!1" is the opposite of that discussion.
edit: wait, you're not even the poster I responded to. What the hell?
- debatem1 9y agoFrankly, I don't think starting out with spherical cows and a neoclassical economics textbook is a rational approach to the housing problem. If you want to engage in it that's cool and you do you, but it's a bit like expecting everyone to start speaking Esperanto just because you happen to think it's a good idea. In my view, any successful policy is going to have to be both incremental and carefully balanced to take everyone along for the ride. That will piss off lots of people who think the other side is trying to destroy or deny them the things they love, but it's pretty much the only way forward.