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by fjh 1271 days ago
> the default would be to just build housing without any regard to affordability.

Luckily, that would still lead to affordable housing, because "just build housing" is what actually makes housing affordable.

1 comments

No it’s not.

It’s specious to think that just adding supply to the desirable metro areas like San Francisco, New York or Seattle would be enough to make housing affordable to teachers and lower paying jobs. You’d just get more unaffordable housing or have to somehow flood the market with so much inventory that they would no longer be a place where people want to live.