3 ms·
>When I think of "suppressed" demand, I think of economically useful demand that needs to exist. There are cases where this is true: https://citeseerx.ist.psu
by scythe 3y ago
>When I think of "suppressed" demand, I think of economically useful demand that needs to exist.
There are cases where this is true:
https://citeseerx.ist.psu.edu/document?repid=rep1&type=pdf&doi=3fdc4c4014ec3e1ef73c1fbb25d4bc901aeafbb1 https://citeseerx.ist.psu.edu/document?repid=rep1&type=pdf&d...
When networks are deficient, roads can lead to large benefits:
https://sites.bu.edu/neudc/files/2014/10/paper_243.pdf https://sites.bu.edu/neudc/files/2014/10/paper_243.pdf
As networks reach sufficiency, the impact on economic activity decreases:
https://www.sciencedirect.com/science/article/pii/S0967070X1530024X https://www.sciencedirect.com/science/article/pii/S0967070X1...
This is not something that can be accurately shoved into an all good or all bad perspective. Whether roads are positive for economic development is a necessarily quantitative question.
>only a subset (which I would bet is minor) would prefer social housing over detached housing.
The author is speaking from a British perspective, and there "social housing" means government-subsidized housing. It is not a form factor and cannot meaningfully be placed in opposition to detached houses.
- hughesjj 3y agoAh, my mistake about the regional difference in terminology. Still, I'd continue to argue that the demands are for fast (+safe+comfortable) transit and housing in general, not automobiles and government subsidized housing in general (I'm sure pretty much any mechanism of affordable housing is in high demand in the UK) Since we're on hacker news, 'the design (need) calls for fast transportation. Claiming we need to build to support more cars is enforcing an implementation without actually considering other design alternatives that will satisfy the need'