> If there are truly no other options, then the developers are going to have to severely reduce the price of their real estate or choose not to build there. Thi

> If there are truly no other options, then the developers are going to have to severely reduce the price of their real estate or choose not to build there. This is simply taking an implicit approach to things, which may or may not work. True. But only to a limited extent as long as demand remains significantly higher relative to supply. e.g. if you're moving to a city due to work etc. and and have limited you're much more willing to compromise (use street parking, private lots some distance away etc,).