Re:Cities Where Job Growth Is Outpacing New Homes
by JoeAltmaier on Thursday September 12, 2019 @09:38AM
(#20951273)
I'm not sure conspiracy theories are sound economic analysis.
How about, population rose but land area stayed the same. All the land got developed (it used to be orchards, remember?) so the only way to get more land for housing was, to pay more for existing plots. So the prices go up.
No need to imagine a class of evil plotters, trying to make everyone sad.
How about, population rose but land area stayed the same. All the land got developed (it used to be orchards, remember?) so the only way to get more land for housing was, to pay more for existing plots. So the prices go up.
No need to imagine a class of evil plotters, trying to make everyone sad.