5 ms·

Neither will I. The number of people who think you can build an infinite number of homes in a finite space of land, or who are unaware of network effects, is s

by zepto 5y ago

Neither will I. The number of people who think you can build an infinite number of homes in a finite space of land, or who are unaware of network effects, is surprising.

civilized 5y ago
Apple can't build an infinite number of computers either. Chiquita can't grow an infinite number of bananas. And both of these companies are deeply networked in the global economy. So what will happen if Apple triples its computer production, or Chiquita triples its banana production? Does the price magically increase like housing does in NIMBY economics?
missedthecue 5y ago
This is the skyline of the Bay Area. https://cdn.vox-cdn.com/thumbor/q4QVkPZrTO8_USbDEe6nPfz8w8c=/0x0:3911x2690/1200x800/filters:focal(1542x1548:2166x2172)/cdn.vox-cdn.com/uploads/chorus_image/image/66469054/shutterstock_1264688284__1_.0.jpg https://cdn.vox-cdn.com/thumbor/q4QVkPZrTO8_USbDEe6nPfz8w8c=... This is the skyline of Hong Kong. https://images.squarespace-cdn.com/content/v1/59f3777b64b05fdbae7f32ac/1558551681929-3PF7WDQK4RLRC9WAQH54/HK.jpg https://images.squarespace-cdn.com/content/v1/59f3777b64b05f... Hong Kong has cheaper housing while also have 10x as many residents. Same goes for places like Tokyo, Singapore, and Shenzhen. No, you can't create more land, but you can create more housing.
- zepto 5y ago
  The argument that that the only reason shenzen housing is cheaper than SF is density is absurd on its face. If your argument is that we can increase SFs population by 10% to maybe get a 30% reduction in average home price, then I agree. But that doesn’t change affordability.
  - missedthecue 5y ago
    That's why I used more examples than only Shenzhen.
    - zepto 5y ago
      The same logic applies. Manhattan is only 10% cheaper and yet is 4x denser. Clearly density doesn’t solve the cost problem.
- zepto 5y ago
  That Bay Area skyline picture is bullshit. A photo covering a small part of SF, that you can only take from one angle. Here is another one: https://www.lavocedinewyork.com/wp-content/uploads/2021/11/san-francisco-skyline-urban-san-francisco-skyline-francisco-san-1371010-pxhere.com_-620x430.jpg https://www.lavocedinewyork.com/wp-content/uploads/2021/11/s...
  - missedthecue 5y ago
    That's the business district, not the residential district. Corporations generally don't lobby against another skyscraper going up next door like "concerned citizens" do. Moreover, you will find no part of Hong Kong that looks like the photo of SF which I shared.
    - zepto 5y ago
      That ‘business district’ as you call it, has many large residential towers.

by zepto 5y ago

Neither will I. The number of people who think you can build an infinite number of homes in a finite space of land, or who are unaware of network effects, is surprising.

civilized 5y ago

Apple can't build an infinite number of computers either. Chiquita can't grow an infinite number of bananas. And both of these companies are deeply networked in the global economy. So what will happen if Apple triples its computer production, or Chiquita triples its banana production? Does the price magically increase like housing does in NIMBY economics?

missedthecue 5y ago

This is the skyline of the Bay Area. https://cdn.vox-cdn.com/thumbor/q4QVkPZrTO8_USbDEe6nPfz8w8c=/0x0:3911x2690/1200x800/filters:focal(1542x1548:2166x2172)/cdn.vox-cdn.com/uploads/chorus_image/image/66469054/shutterstock_1264688284__1_.0.jpg https://cdn.vox-cdn.com/thumbor/q4QVkPZrTO8_USbDEe6nPfz8w8c=... This is the skyline of Hong Kong. https://images.squarespace-cdn.com/content/v1/59f3777b64b05fdbae7f32ac/1558551681929-3PF7WDQK4RLRC9WAQH54/HK.jpg https://images.squarespace-cdn.com/content/v1/59f3777b64b05f... Hong Kong has cheaper housing while also have 10x as many residents. Same goes for places like Tokyo, Singapore, and Shenzhen. No, you can't create more land, but you can create more housing.

zepto 5y ago
The argument that that the only reason shenzen housing is cheaper than SF is density is absurd on its face. If your argument is that we can increase SFs population by 10% to maybe get a 30% reduction in average home price, then I agree. But that doesn’t change affordability.
- missedthecue 5y ago
  That's why I used more examples than only Shenzhen.
  - zepto 5y ago
    The same logic applies. Manhattan is only 10% cheaper and yet is 4x denser. Clearly density doesn’t solve the cost problem.
zepto 5y ago
That Bay Area skyline picture is bullshit. A photo covering a small part of SF, that you can only take from one angle. Here is another one: https://www.lavocedinewyork.com/wp-content/uploads/2021/11/san-francisco-skyline-urban-san-francisco-skyline-francisco-san-1371010-pxhere.com_-620x430.jpg https://www.lavocedinewyork.com/wp-content/uploads/2021/11/s...
- missedthecue 5y ago
  That's the business district, not the residential district. Corporations generally don't lobby against another skyscraper going up next door like "concerned citizens" do. Moreover, you will find no part of Hong Kong that looks like the photo of SF which I shared.
  - zepto 5y ago
    That ‘business district’ as you call it, has many large residential towers.