Re:Change My Mind: Density Increases Local but Decreases Glo...
by deelly on Tuesday May 02, 2023 @09:56AM
(#35787448)
I`m really sorry, but did you read the article?
> But Manhattan and London have the highest house prices in their respective countries, primarily because of their density and the opportunities density provides.
....
> But if becoming just as big as Manhattan or London would make Oakland more expensive, shouldn’t we assume that a little step in that direction would make it a little bit more expensive?
....
> No; I think the missing insight is that there’s some pool of geographically mobile Americans1 who are looking for new housing (or who might start looking if the right situation presented itself).
> But Manhattan and London have the highest house prices in their respective countries, primarily because of their density and the opportunities density provides.
....
> But if becoming just as big as Manhattan or London would make Oakland more expensive, shouldn’t we assume that a little step in that direction would make it a little bit more expensive?
....
> No; I think the missing insight is that there’s some pool of geographically mobile Americans1 who are looking for new housing (or who might start looking if the right situation presented itself).