2 ms·
> I see a lot of discussion among urbanists of "induced demand" when adding extra lanes to highways. Are we sure there wouldn't be induced demand from providing
by rootusrootus 4y ago
> I see a lot of discussion among urbanists of "induced demand" when adding extra lanes to highways. Are we sure there wouldn't be induced demand from providing free housing to the homeless?
This is an interesting point, but would it not apply more generally to creating more housing for everyone, rather than just when creating housing for homeless? The population of homeless people is just a tiny fraction of the total number of people in the housing market.
- whimsicalism 4y agoThe difference is that with normal supply and demand for housing, shifting the supply curve right will both lower the price and increase the quantity. Not the same for artificial supply of zero cost housing.