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This is one of those arguments that at face value seems quantitatively sound but doesn't survive first contact with reality
by mkoubaa 2y ago
This is one of those arguments that at face value seems quantitatively sound but doesn't survive first contact with reality
- ETH_start 2y agoAnd your claim that it doesn't survive first contact with reality is based on you correlating high volumes of foreign investment with lack of housing affordability and assuming that the former is causing the latter, when the correlation is really due to a confounding factor.
- iforgot22 2y agoEven if it's causing it, the city isn't vacant. There are people who can afford to live there. Only the people who can't afford it complain.