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Induced Demand (ie "bigger highways leads to more traffic") depends on having an alternative. IE, traffic can take a different route, people can take public tra
by cpitman 7y ago
Induced Demand (ie "bigger highways leads to more traffic") depends on having an alternative. IE, traffic can take a different route, people can take public transit, people can stay home, etc.
It sounds like you are claiming that it is impossible to out build housing demand. This cannot be true. There is a finite population of people that want to live in any one place.
- Spooky23 7y agoYou are correct and the argument you are responding to is evidence of the boom period we are in. The NY Metro area is the definitive example of what you are talking about. Every lane of highway or bridge built increased traffic because it enabled someone to get the house they wanted cheaper somewhere else. Now, construction costs are too high and land is in tight supply. The result? Infill of formerly blighted areas (aka gentrification).