[gizmo686]

Except our per capita productivity has gone up, and we are not facing any fundamental shortages.

[ac29]

They're not making any more land in high-demand areas.

[gizmo686]

High-demand areas aren't (generally) high demand because of intrinsic qualities. They are in demand because of the people and social structures that are already there. It is not inherently the case that there is a fixed amount of high-demand areas, that is just how we are set up politically at this point in time.

[imtringued]

That doesn't mean it is impossible to zone for higher densities.