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Yes, but it will also increase occupants and the experience of occupants. If you put a fancy restaurant that sells gourmet popcorn, you raise the price of popc
by conanbatt 9y ago
Yes, but it will also increase occupants and the experience of occupants.
If you put a fancy restaurant that sells gourmet popcorn, you raise the price of popcorn in general, and you can also increase the amount of people that eat popcorn.
- bernawil 9y agoI don't think it's relevant to compare popcorn to positional goods like housing.
- conanbatt 9y agoWhat would be the difference
- bernawil 9y agoThey are radically different. Corn is the textbook example of a commodity while land is the textbook example of a positional good. You could sell any realistic amount of gourmet popcorn without affecting the supply of corn nor the price of other popcorn products, while selling housing affects the supply of land and the desirability of that housing stock.
- dragonwriter 9y ago> Yes, but it will also increase occupants It will increase mobility of occupants, but it probably won't increase occupants (which is equivalent to decreasing homelessness) much, though the decrease in short-term rental pricing could reduce transitional homelessness (but the increase in long-term residential prices could also increase the more durable kind of homelessness)
- conanbatt 9y ago> increase occupants (which is equivalent to decreasing homelessness) I will not increase permanent local occupants, it will increase number of occupants in general. Thats because airbnb's are out of towners using under-utilized housing stock. Airbnb's increase homelessness, but its not about market efficiency, its about use of land. Any office building will also increase homelessness.