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Yes. In general for something to be optimal supply must meet demand. Usually if demand is high supply will eventually follow. Demand for construction (creating
by endisneigh 3y ago
Yes.
In general for something to be optimal supply must meet demand. Usually if demand is high supply will eventually follow. Demand for construction (creating supply) is there, but for reasons we don’t need to get into, it’s not allowed.
So affordable housing is throwing the relative poor a bone, but the thing is those mandates change profit margins if the non-affordable housing cannot effectively eat the cost, changing the demand for construction.