Neither will I. The number of people who think you can build an infinite number of homes in a finite space of land, or who are unaware of network effects, is surprising.
Apple can't build an infinite number of computers either. Chiquita can't grow an infinite number of bananas. And both of these companies are deeply networked in the global economy. So what will happen if Apple triples its computer production, or Chiquita triples its banana production? Does the price magically increase like housing does in NIMBY economics?
Hong Kong has cheaper housing while also have 10x as many residents. Same goes for places like Tokyo, Singapore, and Shenzhen. No, you can't create more land, but you can create more housing.
That's the business district, not the residential district. Corporations generally don't lobby against another skyscraper going up next door like "concerned citizens" do.
Moreover, you will find no part of Hong Kong that looks like the photo of SF which I shared.
The argument that that the only reason shenzen housing is cheaper than SF is density is absurd on its face.
If your argument is that we can increase SFs population by 10% to maybe get a 30% reduction in average home price, then I agree. But that doesn’t change affordability.
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