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Supply and Demand is a function of zoning, because more supply cannot happen without the correct zoning happening.
by WheatMillington 2y ago
Supply and Demand is a function of zoning, because more supply cannot happen without the correct zoning happening.
- Auracle 2y agoI wish you could go outside my house right now and look around. Guess what - there’s basically no zoning here. There’s land. If I wanted to put up a 30 story apartment building I could, though I suppose what few neighbors I have might make a stink about it, and it probably wouldn’t make sense when everyone here lives on at least 5 acres. Yet - somehow, amazingly, prices are still going up. We have a severe supply/demand mismatch in the country that drives prices up across the board.