2 ms·
You're correct, but missing a part of the picture. The cost of adding supply (to meet demand) goes up each year due to the perpetual increase in the building co
by sidewndr46 4y ago
You're correct, but missing a part of the picture. The cost of adding supply (to meet demand) goes up each year due to the perpetual increase in the building codes which must be conformed to.
- hayst4ck 4y agoSo if we assume you are correct, if we looked at an adjusted cost of housing graph (adjusted for inflation/population), its slope would change primarily when building code regulation goes into effect?
- sidewndr46 4y agoYeah that's pretty accurate. Lots of little inflection points every few years as new things are added.