Re:Canada bans most foreigners from buying homes
by pas on Tuesday January 03, 2023 @11:02AM
(#34233146)
That's misrepresentation of the theory.
Which is roughly "new units decrease price if there's excess demand". Which is the classic microeconomics theory of how the price point shifts due as the increased supply sets a new equilibrium.
Which is roughly "new units decrease price if there's excess demand". Which is the classic microeconomics theory of how the price point shifts due as the increased supply sets a new equilibrium.
some pretty graphs:
https://mobile.twitter.com/georgiststeve/status/159813526427...