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So you're saying that supply and demand only works in SF, NY and a few other places?
by crdoconnor 12y ago
So you're saying that supply and demand only works in SF, NY and a few other places?
- smm2000 12y agoI am saying that supply and demand are not working in SF/NY and a few other places. Or to be more exact supply is non-elastic - increase in demand does not increase supply. In cities with available land if there is a demand for housing, you just build more housing.