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The housing crisis is far worse in places where artificial constraints make it so. In general, the financial side of things drives the constraints, rather than
by davidw 4y ago
The housing crisis is far worse in places where artificial constraints make it so.
In general, the financial side of things drives the constraints, rather than the other way around. If I view my house as an investment, it's in my interest to see a constrained supply so that the value of my house goes up, up, up.