Re:Supply Constraints Do Not Explain House Price, Quantity G...
by epistasis on Wednesday March 19, 2025 @11:05AM
(#43412968)
But trying to suppress land prices by limiting its uses just pushes those price increases nearby.
The most disastrous idea in urban planning is that prices can be kept low by limiting use, and trying to preserve "affordability" for a narrow slice of the middle class. It has failed entirely.
The most disastrous idea in urban planning is that prices can be kept low by limiting use, and trying to preserve "affordability" for a narrow slice of the middle class. It has failed entirely.