Zoning is only the largest component of the supply function in major cities. My point is that I could build as much freaking housing as I wanted where I live, o

Zoning is only the largest component of the supply function in major cities. My point is that I could build as much freaking housing as I wanted where I live, of whatever type I wanted. Our local population numbers are relatively stable. Yet prices have still been surging. Why? I said cut down in demand, not go into full depopulation. That said, at some point we’re going to need to deal with that. We can’t just keep on importing people from the third world forever to offset people making less babies. Just aim for, say - an increase of population of 1% a year. Right now it’s completely uncontrolled and people are somehow shocked that housing prices are out of control. Even in Tokyo home prices aren’t bad, and that’s with their culture of tearing down and rebuilding every 30 years. My real point though was that the same is true here - most economic opportunities are in cities. Yet our rural housing isn’t getting cheaper, and it’s increasing in cost almost as much as (most) urban centers.