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We aren't advocating new housing because we think it will sit empty. That would be weird! The point is that on the margin, more people will be able to fulfill t
by closeparen 4y ago
We aren't advocating new housing because we think it will sit empty. That would be weird! The point is that on the margin, more people will be able to fulfill their desire to live in the region instead of being priced out. All induced demand says is that roads work similarly. With a road expansion, more people fulfill their desires to take more and longer car trips, instead of staying local to avoid traffic.