> 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.
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.