Re:Silicon Valley's housing crisis, in one sentence
by jandrese on Tuesday June 07, 2016 @05:03PM
(#11857809)
Increased density to reduce the upward pressure on the housing market. Basically you have enough homes so the prices don't get bid up to insane levels.
It's basic economics. If you have a somewhat fixed demand and artificially restrict supply, the price is going to shoot through the roof.
It's basic economics. If you have a somewhat fixed demand and artificially restrict supply, the price is going to shoot through the roof.