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Those aren't really two different arguments. Wanting housing to be a good investment is one of the reasons we have a supply problem because it incentivizes peo
by rainsford 3mo ago
Those aren't really two different arguments. Wanting housing to be a good investment is one of the reasons we have a supply problem because it incentivizes people to vote against allowing more housing to be built. But at the end of the day the high cost of housing really is a simple supply problem, it's the reason for that lack of supply that's more complex.
- LastTrain 3mo agoMaybe you can point me to a recent example in the US where more housing was built resulting in a noticeable decrease in housing costs. And a good investment is one where the value increases faster than inflation, the math doesn’t work.
- fragmede 3mo agoAustin. They built a ton of apartment buildings so rent is down.