3 ms·
> less housing construction, that leads to less affordable housing You mean that decreasing housing supply correlates with increasing price? Because that's ex
by goodpoint 6y ago
> less housing construction, that leads to less affordable housing
You mean that decreasing housing supply correlates with increasing price?
Because that's exactly what inelastic demand is: https://www.investopedia.com/terms/e/inelastic.asp https://www.investopedia.com/terms/e/inelastic.asp
- CryptoPunk 6y agoDemand might be inelastic, but supply and price are not.