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Re:Why Billionaires Don't Pay Property Taxes in New York by wwweston on Tuesday May 12, 2015 @08:24PM (#9535933)
> People are skeptical because they don't understand basic economics

Or they've learned that simple models don't always capture reality.

> When building policies are reasonable developers target wider swaths of the market.

Do the sources you've cited here or any others you're aware of present a reasonable number of situations where this has happened and led to a decrease in housing prices?

Because I've never been able to find any kind of decrease independent of a demand collapse.

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