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Isn't the real problem that there are too few desirable places for people to be - state capitals and mega cities urban cores - everybody tries to cram there. S
by ReptileMan 4y ago
Isn't the real problem that there are too few desirable places for people to be - state capitals and mega cities urban cores - everybody tries to cram there.
So you actually have to fix the demand problem. The phrase "flyover states" is an early precursor of the current problem. I don't know how - all of the solutions I can think about are bad, but you actually have to convince people that there are other places worth living other than thin slivers of land along the coasts, Chicago and Houston/Austin
- lotsoweiners 4y agoOne of the problems is that people from Cali, New York, etc have left those states and started competing and jacking up prices in the “flyover states”. I live in Phoenix which was reasonably affordable before Covid but has now gotten ridiculous. Similar things have happened in Utah, Idaho, Montana, the cheaper parts of Texas etc. At some point this may continue and change pricing in the other still cheap states.
- loeg 4y agoWe could also just add a lot more supply in these desirable places. There's no reason we can't.
- ReptileMan 4y agoAnd yet you couldn't cram 300000000 people in manhattan. You can't solve infinite demand with supply.
- loeg 4y agoDemand, like supply, is not infinite. While demand is not (and likely can not be) constrained by local law, supply often is. This imbalance results in high prices.