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by asdff
1549 days ago
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But at the same time, once supply is tight, then the incentive to build is high. The only reason why we don't see building happening when supply is low and demand is high is because zoning doesn't allow any more supply. Rent control isn't even in the mix up here. Permissive zoning would mean rent control wouldn't even be relevant as theoretically rents would hardly raise at all past wages in that situation. |
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