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by JamesBarney
2163 days ago
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You're right that the real estate and policy situation in San Francisco is so bad the supply is pretty inelastic. But I don't think it's perfectly inelastic. I think if the price of housing went up 10x in San Francisco you'd have more buildings being built. But luckily for us very little of the U.S. is as screwed up as San Francisco. |
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