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by nrr
1458 days ago
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This is part of what I'm not following. The implication you've stated, which is itself a more informal restatement of what originally started this thread, hinges on whether the conclusion "we don't have enough high density accomodations (sic)" is true. The premise "prices are too high" has no bearing on the proposition's reasoning. (At least, if you take it to be true, which I feel is the case for most people.) Is the competitiveness of the housing market overall not an indication that we lack accommodations, let alone high-density ones? This all said, if it actually were a converse error, taking "prices are too high" as the consequent means that the premise "we don't have enough high density accomodations (sic)" has no bearing, which seems off because, surely, there's some connection between the supply-demand model and price. |
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My doubt is based on two facts: rich people don't go for the dense living even in these areas and nobody is building residential high raises in the cheap areas, which would have been a huge missed opportunity if there had been a genuine demand for the dense living conditions.