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> This ends up recreating housing crises of big cities because people that live and work in the town are getting priced out of living there. Here is research t
by tarr11 2y ago
> This ends up recreating housing crises of big cities because people that live and work in the town are getting priced out of living there.
Here is research that contradicts this assertion.
"We ultimately conclude, from both theory and empirical evidence, that adding new homes moderates price increases and therefore makes housing more affordable to low- and moderate-income families. "
https://furmancenter.org/files/Supply_Skepticism_-_Final.pdf https://furmancenter.org/files/Supply_Skepticism_-_Final.pdf
- wwweston 2y agoThis doesn’t contradict theories of rising prices; it contradicts some theories of price acceleration. Adding supply is important but it’s also not enough.