People don't seem to understand supply vs. demand. More people are moving to cities. Cities have onerous zoning laws. The construction industry is still skittis

People don't seem to understand supply vs. demand. More people are moving to cities. Cities have onerous zoning laws. The construction industry is still skittish after 2008's meltdown. Enormous demand && limited supply in cities == high prices. My hometown in the midwest is selling homes for $100/sqft. Dallas suburbs are $150/sqft. Manhattan is over $2000/sqft.