I disagree. This isn't barber shops and orange juice. Real estate is a far more structured market. Limited space. Price-pegged debt availability. Transport/inf

I disagree. This isn't barber shops and orange juice. Real estate is a far more structured market. Limited space. Price-pegged debt availability. Transport/infrastructure. Long term asset inflation trends. This creates a lot of ambiguity around the effect of supply on price... within realistic boundaries. A simple supply and demand curve rarely models most urban real estate markets usefully.