3 ms·
> since there is a finite capacity for building housing (based on available builders - i.e. capital and manpower). This is the only actually relevant point in
by tbrownaw 1y ago
> since there is a finite capacity for building housing (based on available builders - i.e. capital and manpower).
This is the only actually relevant point in the post.
And the only situation where it can be true is if ability to build more housing isn't subject to market forces, ie is constricted by bad policy.