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A comment on Bay Area hammered by loss of jobs: Lack of affordable housing strangles hiring. Parent comment

Re:Bay Area hammered by loss of jobs: Lack of affordable hou... by nerfhammer on Tuesday October 24, 2017 @01:47PM (#15543528)
A shortage is supply vs. demand by definition.

Shouldn't real estate developers be able to make even more money on top of this by increasing the housing supply? Wouldn't the "banks" have cheap loans for real estate developers? This can't explain a shortage.

[ Parent | on HN ]
Re:Bay Area hammered by loss of jobs: Lack of affordable hou... by pjmorris on Sunday October 29, 2017 @06:58PM (#15582016)
> A shortage is supply vs. demand by definition.

Capital dollars (from VC's) are easier to come by in SV than wage dollars. You prefer to think of the shortage as one of houses. I ask you to consider the idea that it is a shortage of wage dollars.

[ Parent | on HN ]