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What if you literally cannot build more supply than the demand? What if there’s a feedback loop between building more supply and increased (induced) demand?
by teakettle42 4y ago
What if you literally cannot build more supply than the demand?
What if there’s a feedback loop between building more supply and increased (induced) demand?
- ChuckNorris89 4y agoI don't think this applies to Berlin yet, it's not an island or locked by mountains. You can also build up. Let's not kid ourselves, real estate prices there are insane due to monetary policies, bureaucracy and NIMBYism restricting building/supply for a million reasons, and not due to the lack of real estate in that area.