“Flat earth” style economic denialism is not as cool as you seem to think. Govt interference propping housing prices through various means was previously mentioned as well.
> “Flat earth” style economic denialism is not as cool as you seem to think.
Yeah, can you then point out an example of a city where densification worked to decrease the housing sale prices?
Tokyo? Nope.
Seattle? Definitely nope, even though its housing inventory grew by 25% within 12 years.
Moscow? Nope.
If it's so "round Earth", then there must be some early metrics that can indicate the success of densification railroading in places where it's been tried?
For example, Minneapolis went full cookoo nuts by abolishing parking requirements and the SFH zoning in 2019. They gave out the city to be screwed up by developers. How's it faring now? Oh, the price growth not only not slowed down, it ACCELERATED: https://fred.stlouisfed.org/series/ATNHPIUS33460Q
Do you know Mark Twain's definition of "insanity"?
I said nothing about "densification." This whole diatribe is in your mind. My original point was about there being a well-documented shortage of housing across the country. You can argue against it if you like but just look foolish.
You point at few absolute price decreases which is true but don't take into account multiple variables (like population increases, inflation, tax policy) or understand higher order derivatives. In which case you've got no business arguing in these threads.
We do NOT have a housing crisis. Not even close. Housing is more affordable and of better quality than ever.
We have a DENSITY crisis. People are forced by economic forces to move to relatively few unaffordable locations.
> You point at few absolute price decreases which is true but don't take into account multiple variables (like population increases, inflation, tax policy) or understand higher order derivatives. In which case you've got no business arguing in these threads.
What "higher order derivatives"? I read most of the new research on urbanist policy. And so far everything I've seen confirms what I said.
I gave you an actual link to the data. Sorry for destroying your whole world view, but "economy 101" is not enough to describe the complexities of the real world.
