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A comment on The $3500 Shirt – A History Lesson in Economics. Parent comment

Re:The $3500 Shirt – A History Lesson in Economics by stolio on Saturday January 24, 2015 @07:24PM (#8941596)
Supply and demand? Increase demand, supply is largely fixed* , prices go up.

* a house in the boonies isn't really a substitute for a house in the city. Every house has demand from people who want to buy it as a home plus the demand of people who want to buy it to rent/flip/scrape it.

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Re:The $3500 Shirt – A History Lesson in Economics by spikels on Sunday January 25, 2015 @12:27PM (#8943460)
You are confusing land and housing - they are not the same. Land area is fixed but habitable space is not. In built up areas the constraint on building new housing is largely regulatory (mostly planning regulations).
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Re:The $3500 Shirt – A History Lesson in Economics by stolio on Monday January 26, 2015 @04:51PM (#8949818)
I lump land and housing together because that's how reality does it. Aside from trailer-houses they all stay on one piece of land for the duration.

If an analysis depends on houses being able to fluidly change land positions I don't think it would be very useful.

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