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The root cause is zoning and NIMBYism (Not In My Back Yard). It's not difficult. Prices are determined by supply and demand. When local and state governments
by patrickmay 2y ago
The root cause is zoning and NIMBYism (Not In My Back Yard).
It's not difficult. Prices are determined by supply and demand. When local and state governments restrict supply via zoning and other laws, prices go up. If you want prices to go down, increase the supply.