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> You can look at the commercial office market, which is much less restricted and has huge boom/bust cycles. This is a problem only for investors. Dealing with
by amadeuspagel 5y ago
> You can look at the commercial office market, which is much less restricted and has huge boom/bust cycles.
This is a problem only for investors. Dealing with that is their job. Protecting them from it is not a good reason to restrict housing supply.
- wpietri 5y agoIt's not just a problem for investors. It's also a problem for cities, as boom-bust cycles can drastically misallocate resources.