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Because housing isn’t completely in-fungible either. So, while there might be irregularities here and there, increasing supply will in fact put downward pressur
by harryh 5y ago
Because housing isn’t completely in-fungible either. So, while there might be irregularities here and there, increasing supply will in fact put downward pressure on prices.
- goodpoint 5y agoI never said it's completely non-fungible. Clearly I struck a nerve here.
- harryh 5y agoBut you did say that it was "False" that additional supply would put competitive pressure on housing prices.
- dredmorbius 5y agoYou kind of did precisely just that in your response to my comment here: https://news.ycombinator.com/item?id=28585422 https://news.ycombinator.com/item?id=28585422 You're grossly overstating constraints and the absolute and relative quantities of housing which must be added.