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0 pointsamadeuspagel4y ago0 comments

> You can look at the commercial office market, which is much less restricted and has huge boom/bust cycles.

This is a problem only for investors. Dealing with that is their job. Protecting them from it is not a good reason to restrict housing supply.

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It's not just a problem for investors. It's also a problem for cities, as boom-bust cycles can drastically misallocate resources.

j / k navigate · click thread line to collapse

It's not just a problem for investors. It's also a problem for cities, as boom-bust cycles can drastically misallocate resources.

j / k navigate · click thread line to collapse