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"Given the housing stock is kept artificially low," I'm not sure I'd call it artificial. There are rational market forces at play. The real issue is that every
by giantg2 2y ago
"Given the housing stock is kept artificially low,"
I'm not sure I'd call it artificial. There are rational market forces at play. The real issue is that everyone wants to live in the same places, and the people there already want to preserve their lifestyle and investment.
- CapstanRoller 2y ago>The real issue is that everyone wants to live in the same places They want to live where they can survive, and survival is dependent on money. Many people (myself included) would be perfectly happy living in a quiet remote area with basic amenities.
- energy123 2y agoSan Francisco approves less than 20 new housing units each year. Nobody is allowed to build where people want to live. That's artificial.