Re:A lot more market-rate construction helps low-income rent...
by chii on Tuesday March 24, 2015 @06:47AM
(#9255784)
i think gov't are reluctant to introduce any policy that will cause housing prices to drop - a lot of "wealth" is locked in property, and should property prices drop, the on-paper measure of such wealth drops too (despite the fact that a house that's lived in is stable in it's "wealth" measured with utiliziation).
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Re:A lot more market-rate construction helps low-income rent...
by brc on Tuesday March 24, 2015 @09:07PM
(#9260669)
Sensible market release would cause markets to stagnate while new supply was introduced.
It would be impossible to build enough supply to overwhelm demand anyway if it is done realistically.