> By failing to build sufficient housing, certain superstar cities have become mere playgrounds for the wealthy—especially the childless wealthy. “The walls we’

> By failing to build sufficient housing, certain superstar cities have become mere playgrounds for the wealthy—especially the childless wealthy. “The walls we’ve put up around our most productive cities have made it hard to accommodate more people,” the economist Enrico Moretti told me. Anti-growth housing policies in rich cities reduce national productivity Too much anti-growth policy might inevitably be orthogonal to the thing property owners in A-list cities want: continued price appreciation. If high-wage workers bounce, today's B-list cities will become the new A-list and get the lion's share of post-2021 housing appreciation. Knee-caping a cities economic growth by placing hard limits on the number of people who can live there will inevitably harm its home prices.