We'd still have induced demand even if we had teleportation, the bottleneck would just be the capacity of venues, restaurants, and retail businesses. You would

We'd still have induced demand even if we had teleportation, the bottleneck would just be the capacity of venues, restaurants, and retail businesses. You wouldn't consider casually popping into a Paris cafe if the wait was always 4 hours or you had to have a reservation months in advance, which would be the case if travel time was a non-factor for everyone