Those are empirical studies. The Finnish one is the most recent I'm aware of, but they all say basically the same thing[1], here are a couple more [2][3]. Hous

Those are empirical studies. The Finnish one is the most recent I'm aware of, but they all say basically the same thing[1], here are a couple more [2][3]. Housing does not suffer from induced demand like road capacity does. This is easy to disprove by reading those studies. Sure, building nicer better neighborhoods does make them more desirable but it doesn't follow that they have to be more expensive, as long as you build enough homes for people to live in. Taken to its conclusion the induced demand argument against density is an argument against improving quality of life in general, and pretty nihilistic. [1] https://ideas.repec.org/p/fer/wpaper/146.html https://ideas.repec.org/p/fer/wpaper/146.html [2] https://www.dropbox.com/s/oplls6utgf7z6ih/Pennington_JMP.pdf?dl=0 https://www.dropbox.com/s/oplls6utgf7z6ih/Pennington_JMP.pdf... [3] https://docs.wixstatic.com/ugd/7fc2bf_ee1737c3c9d4468881bf1434814a6f8f.pdf https://docs.wixstatic.com/ugd/7fc2bf_ee1737c3c9d4468881bf14...