Re:Why the government took home prices out of its main infla...
by credit_guy on Saturday May 28, 2022 @08:23PM
(#31545074)
Manhattan is surrounded by water, but guess what, there are subways that go to Brooklyn, Queens, the Bronx, Jersey City and Hoboken. If your office is in downtown Manhattan, you can get there faster if you live in Brooklyn than if you live in Haarlem (which is part of Manhattan).
In principle the supply side has natural constraints, but they are easily 2 times above what has been built until now.
You can think of it this way: the population density of Manhattan is about 27000/km2. The entire NYC has a density of about 10000/km2, while Jersey city has 7000/km2.
In principle the supply side has natural constraints, but they are easily 2 times above what has been built until now.
You can think of it this way: the population density of Manhattan is about 27000/km2. The entire NYC has a density of about 10000/km2, while Jersey city has 7000/km2.