Housing is not actually that special. It is true it doesn't behave according to the econ 101 model that most high schoolers learn in class, but in econ 201+ cla

Housing is not actually that special. It is true it doesn't behave according to the econ 101 model that most high schoolers learn in class, but in econ 201+ classes explain it. The main difference is that land is the limiting factor or more accurately legally buildable land in this case with zoning.