mudkip@lemdro.id to Political Memes@lemmy.worldEnglish · 8 days agoThey can't answer thisfiles.catbox.moeimagemessage-square329linkfedilinkarrow-up1861arrow-down125
arrow-up1836arrow-down1imageThey can't answer thisfiles.catbox.moemudkip@lemdro.id to Political Memes@lemmy.worldEnglish · 8 days agomessage-square329linkfedilink
minus-squarebrianary@lemmy.ziplinkfedilinkarrow-up5arrow-down2·7 days 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·edit-27 days 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-up1·7 days 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-up1·7 days 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.