swant56
Re:Many Americans who live paycheck to paycheck blame debt
on Saturday July 20, 2019 @07:45PM (#20489003)
Not really. Induced demand applies to housing.
Re:Many Americans who live paycheck to paycheck blame debt
on Saturday July 20, 2019 @04:34PM (#20488195)
I’m glad people understand that building more housing does NOT work
Re:Many Americans who live paycheck to paycheck blame debt
on Saturday July 20, 2019 @03:23PM (#20487757)
It’s called Induced Demand, a very common phenomenon in everything from traffic to housing
https://en.m.wikipedia.org/wiki/Induced_demand
Advocates of “more housing” in the Bay Area, for example, will be dismayed to see that tons of housing and higher density did not work in NYC, prices will remain high, so more housing is not the solution.