Friday, November 17, 2017

Supply and Demand Is A Myth

Finally the uppity elite are starting to understand that supply and demand it a myth and does NOT apply to housing! If you build a lot of housing and there's too much housing, prices will only go up! Neo Urbanists say that we can't solve traffic problems by building more roads, so why would they believe that we can build more housing and that'll help somehow? Doesn't seem to work other places.

https://www.theglobeandmail.com/real-estate/vancouver/academic-takes-on-vancouvers-housing-supply-myth/article37015584/


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Opinions expressed on this site are my own personal opinions and not officially associated with the "Austin Neighborhoods Council." Although, most of my opinions will probably be the same and I completely support everything that they do to keep undesirables out of our neighborhoods!