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A comment on Google ends plans for smart city in Toronto. Parent comment

Re:Google ends plans for smart city in Toronto by colinmhayes on Thursday May 07, 2020 @03:30PM (#23107175)
This is a naive take. Building luxury condos has definitely caused prices to drop, it's just that the effect of increased demand increased prices by more. Without the supply increase housing would be even more expensive.
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Re:Google ends plans for smart city in Toronto by sudosysgen on Thursday May 07, 2020 @03:40PM (#23107291)
I honestly don't believe this is the case. There is no empirical reason to believe it is the case, and there is research that suggests that it isn't the case [0]

[0] : http://econ.geo.uu.nl/peeg/peeg1914.pdf

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Re:Google ends plans for smart city in Toronto by aljg on Thursday May 07, 2020 @08:49PM (#23110177)
>>> "no empirical reason to believe it is the case."

It takes chutzpah to assert a negative. But I appreciate that you honestly don't believe it. Perhaps this will cause you to update your priors?

[0]: https://research.upjohn.org/cgi/viewcontent.cgi?article=1325...

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