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Having a stable, rather than growing, population would go along way to reducing the price of housing. Competition would be much reduced.
by quantified 2y ago
Having a stable, rather than growing, population would go along way to reducing the price of housing. Competition would be much reduced.
- kjkjadksj 2y agoPopulation growth has slowed substantially in high demand cities. Honestly when looking at historical charts, prices were better when cities grew hand over fist. There was enough development to meet growth and also prevent much price growth beyond what wages could afford. Today there is little growth, and prices have surged as a result of that limited supply being bid up.
- quantified 2y agoIf we froze the population level and all the people try to move to the same place, it'll bid up the prices. But growing the total supply of humans only causes additional pressure.