We do NOT have a housing crisis. Not even close. Housing is more affordable and of better quality than ever.
We have a DENSITY crisis. People are forced by economic forces to move to relatively few unaffordable locations.
> You point at few absolute price decreases which is true but don't take into account multiple variables (like population increases, inflation, tax policy) or understand higher order derivatives. In which case you've got no business arguing in these threads.
What "higher order derivatives"? I read most of the new research on urbanist policy. And so far everything I've seen confirms what I said.
I gave you an actual link to the data. Sorry for destroying your whole world view, but "economy 101" is not enough to describe the complexities of the real world.
Can you point out the shortage on this graph: https://fred.stlouisfed.org/graph/?g=1koDH ?
We do NOT have a housing crisis. Not even close. Housing is more affordable and of better quality than ever.
We have a DENSITY crisis. People are forced by economic forces to move to relatively few unaffordable locations.
> You point at few absolute price decreases which is true but don't take into account multiple variables (like population increases, inflation, tax policy) or understand higher order derivatives. In which case you've got no business arguing in these threads.
What "higher order derivatives"? I read most of the new research on urbanist policy. And so far everything I've seen confirms what I said.