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What's odd is that you talk to people in the following places who are convinced that an "unlimited" number of people want to live in their area: * The bay area
by davidw 8y ago
What's odd is that you talk to people in the following places who are convinced that an "unlimited" number of people want to live in their area:
* The bay area
* Boulder
* Austin
* Portland
* Seattle
And so on and so forth - and even right here in Bend, Oregon!
I have a suspicion that everyone wanting to live in all those places probably isn't actually true.
- ido 8y agoThere has been a general flocking back into the cities in the last ±20 years. I don't know about Bend but all other cities you mentioned are desirable urban hotspots with (relatively) plenty of attractive jobs. I find it very easy to imagine the supply of people interested in moving to all of them outstrips supply by so much as to practically be indistinguishable from unlimited. There really are a lot of people around and there are as many in not more decaying/depopulating areas to compensate for the Austins and Berlins of the world.
- davidw 8y agoExcept for the fact that when you start looking at data instead of imagining, it turns out that it's possible to provide enough supply: https://oregoneconomicanalysis.com/2019/01/29/oregons-housing-supply/ https://oregoneconomicanalysis.com/2019/01/29/oregons-housin... Housing in Portland is catching up to demand and rents are leveling off. Seattle is seeing something similar. The bay area is not, because they fight housing tooth and nail.