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But actually, it does, because more housing supply (even on the high end) means fewer higher earners are forced to bid up generic housing for the masses. On th
by alexpetralia 2y ago
But actually, it does, because more housing supply (even on the high end) means fewer higher earners are forced to bid up generic housing for the masses.
On the other hand, refusing to build any housing at all (for whatever the reason is: too unaffordable, too gentrified, too out-of-place) means those high earners will live in generic housing for the masses, and those places will be expensive.