How do you arrive to that conclusion?
- If you built 100 million new houses in Lisbon, would prices fall?
- If you built 10 million new houses in Lisbon, would prices fall?
- If you built 1 million new houses in Lisbon, would prices fall?
- If you built 100k new houses in Lisbon, would prices fall?
- If you built 10k new houses in Lisbon, would prices fall?
- If you built 1k new houses in Lisbon, would prices fall?
Even if you have a model that says that building more houses raises prices for some number of houses, surely increasing the number will eventually make prices fall, wouldn't you agree?
Where is that number? Shouldn't the discussion about how big is that number, and how to achieve building that many houses?
"Supply increses lead to price increases" is a pretty extraordinary claim, and the only charitable interpretation of it is with the addition of "up to a point". Where is that point? Why not make the charitable interpretation yourself that people recommending more housing are recommending more housing past the price increase point?
To be clear, I don't believe that the supply/price curve is anything but sloping downwards, but even if your one does have a hump, being against housing still sounds like a bad conclusion.
Anyway, the problems is not so much that there is not enough housing, but that it is on the wrong place.
Globalization is inevitable. What I don't buy is the rate of change, it _must_ be smooth or the system may implode. Blind and raw globalization is just a way to feed the nationalisms that most people are afraid of.
This is just the dark side of globalism cheered by Portuguese politics for decades. Competition is global now. Local middle class is having their lunch eaten by foreign rich people or even middle classes from wealthier countries while the unrestricted influx of emmigrants from poorer countries keep sallaries down.
Suck it up and enjoy.