3 ms·
And the price is probably a really good signal of unmet housing demand, which has (probably) caused a lot more units to be built than would have otherwise.
by thimkerbell 3y ago
And the price is probably a really good signal of unmet housing demand, which has (probably) caused a lot more units to be built than would have otherwise.
- ch4s3 3y ago> which has (probably) caused a lot more units to be built than would have otherwise. You would think so, but in the US's tightest property markets its basically impossible to build new housing due to some combination of zoning, local review boards, NIMBY activists, and onerous environmental regulations (thing will this increase school demand not will it spew toxic waste).