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0 pointsdragonwriter12y ago0 comments

> Fundamentally, we need to recognize that in a certain sense, San Fransisco is a Malthusian nightmare. Expanding population, limited resources.

San Francisco's population is only a little above its 1950 population. Its not an example of uncontrolled, unsustainable growth.

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2 comments · 2 top-level

Demand for housing is highly inelastic. You don't need a lot of population growth for scarcity to be painful.

(Same situation with food. Demand is inelastic, so a small scarcity hurts a lot.)

reeses12y ago

Exactly. As an immediate counter example, look at San Jose over the past 40 years.

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