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> I'm more than open to reading anything about that! Literally anything! Great! Start paying attention to real estate and rental prices in areas near "mixed us

> I'm more than open to reading anything about that! Literally anything! Great! Start paying attention to real estate and rental prices in areas near "mixed use" development projects and urban multi-story housing construction, literally the projects that are billed by politicians as addressing housing shortages and you'll find my point bore out pretty plainly. > I don't think "more things available makes price goes down" is a platitude or textbook or academic thing! It isn't in the context of bulk commodities and raw inputs where producers compete solely on volume. Housing is not a volume market and no incentives exist for developers or property owners to make it one. See also: RealPage sued for enabling market collusion in residential rental rates: https://www.politico.com/news/2024/08/23/feds-sue-software-company-rent-collusion-00176154 https://www.politico.com/news/2024/08/23/feds-sue-software-c...

refulgentis 2y ago
Ah okay, you made it up :)
- forgetfreeman 2y ago
  Uh no, I'm watching it play out in realtime in local real estate markets. It's fucking with my retirement plans.
  - refulgentis 2y ago
    I hate to be rude, but, whether or not your retirement plan is going to plan has nothing to do with whether more housing makes prices go up. I'm honestly kinda upset you didn't have anything backing up that idea. I genuinely expect better from HN, and genuinely believed that maybe I had missed something at 35, after an econ degree before promoting getting into programming. I wouldn't have given the benefit of the doubt on any other site, and certainly not if you weren't as well spoken as you are. I can't believe you're throwing out RealPage intros after sneering at me about entry level econ. Buddy I knew RealPage, intimately, years ago and nothing in the story has anything to say about prices always go up. In fact, the existence of the story requires the opposite
    - forgetfreeman 2y ago
      You're arguing from a point of something you read. I'm arguing from a point of a market that I'm heavily invested in and monitoring daily. Get back to me when you've got a couple mil parked in residential real estate in a market where the kinds of development projects you're trying to provide cover for have been commonplace for a decade. I'll wait. Spoiler: you're going to find that both rents and purchase price both skyrocket.

refulgentis 2y ago

Ah okay, you made it up :)

forgetfreeman 2y ago
Uh no, I'm watching it play out in realtime in local real estate markets. It's fucking with my retirement plans.
- refulgentis 2y ago
  I hate to be rude, but, whether or not your retirement plan is going to plan has nothing to do with whether more housing makes prices go up. I'm honestly kinda upset you didn't have anything backing up that idea. I genuinely expect better from HN, and genuinely believed that maybe I had missed something at 35, after an econ degree before promoting getting into programming. I wouldn't have given the benefit of the doubt on any other site, and certainly not if you weren't as well spoken as you are. I can't believe you're throwing out RealPage intros after sneering at me about entry level econ. Buddy I knew RealPage, intimately, years ago and nothing in the story has anything to say about prices always go up. In fact, the existence of the story requires the opposite
  - forgetfreeman 2y ago
    You're arguing from a point of something you read. I'm arguing from a point of a market that I'm heavily invested in and monitoring daily. Get back to me when you've got a couple mil parked in residential real estate in a market where the kinds of development projects you're trying to provide cover for have been commonplace for a decade. I'll wait. Spoiler: you're going to find that both rents and purchase price both skyrocket.