mudkip@lemdro.id to Political Memes@lemmy.worldEnglish · 1 day agoThey can't answer thisfiles.catbox.moeimagemessage-square173linkfedilinkarrow-up1697arrow-down119
arrow-up1678arrow-down1imageThey can't answer thisfiles.catbox.moemudkip@lemdro.id to Political Memes@lemmy.worldEnglish · 1 day agomessage-square173linkfedilink
minus-squarebrianary@lemmy.ziplinkfedilinkarrow-up5arrow-down2·1 day agoWhen has the housing supply ever been fixed, though? It’s always growing, and it should always be driven by demand.
minus-squareTubularTittyFrog@lemmy.worldlinkfedilinkarrow-up1·7 hours agofixed how? it’s been artificially restricted for 50+ years now, because people want values to go up. those restrictions didn’t exist in the 1970s and prior.
minus-squareYeather@lemmy.calinkfedilinkarrow-up1·8 hours agoIn an ideal world it should. But in reality the demand can rapidly outpace the growth. https://storymaps.arcgis.com/stories/1c9138dc24064b2e8142ff156345a719 New York added 33,000 homes in 2024 and gave permits for 15,000 new ones but you still see extremely low vacancy rates and high demand outpacing these constructions. https://comptroller.nyc.gov/reports/spotlight-new-york-citys-housing-supply-challenge/
minus-squarebrianary@lemmy.ziplinkfedilinkarrow-up1·5 hours agoWell that’s fair enough for the larger point, at least within NY. I guess I was mostly reacting to the notion of “fixed”, mathematically speaking.
When has the housing supply ever been fixed, though? It’s always growing, and it should always be driven by demand.
fixed how? it’s been artificially restricted for 50+ years now, because people want values to go up.
those restrictions didn’t exist in the 1970s and prior.
In an ideal world it should. But in reality the demand can rapidly outpace the growth.
https://storymaps.arcgis.com/stories/1c9138dc24064b2e8142ff156345a719
New York added 33,000 homes in 2024 and gave permits for 15,000 new ones but you still see extremely low vacancy rates and high demand outpacing these constructions.
https://comptroller.nyc.gov/reports/spotlight-new-york-citys-housing-supply-challenge/
Well that’s fair enough for the larger point, at least within NY. I guess I was mostly reacting to the notion of “fixed”, mathematically speaking.