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by mlevental
2559 days ago
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i'm not clueless - i'm very familiar with supply/demand economics. my point is simply that saying we should raise housing supply is very convenient when none of us are real estate developers (and the developers aren't saying that). are you going to quit your job and start developing real estate at cost? no. am i? no. are the policy makers going to do it? no. so it's a completely feckless remark (increase housing supply). my ultimate point is therefore that you have almost no other policy levers than the minimum wage. |
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