Induced demand is really interesting, and most people aren't aware of it. It applies to things like traffic, and yes, housing. If building more housing lowere

Induced demand is really interesting, and most people aren't aware of it. It applies to things like traffic, and yes, housing. If building more housing lowered rents, I could finally afford a place in NYC, or LA, or SF. Unfortunately it doesn't work that way. But I wish it did.