Hacker News new | ask | show | jobs
by 7e 988 days ago
Europe has been building houses for thousands of years. How do you think we got so many people? It didn’t solve the problem. It only encourages population growth. Building more roads doesn’t reduce traffic, and building more housing doesn’t reduce the demand for housing. It does hurt the planet and remove a lot of green space, though. Look at India and China.
3 comments

> building more housing doesn’t reduce the demand for housing

This is so obviously contrary to experience and common sense I'd characterize it as delusional.

then by your logic, if we have traffic congestion we should build more highways.

But we all know that building more highways creates more congestion because of induced demand. I suspect housing also experiences induced demand. At the same time, you could be right that if you build housing for 10 times the need, then you would reduce the demand for housing. Just like if you built highways 10 times bigger, we would not have congestion.

What is the suggestion then? Either we increase supply of houses to meet increased demand from higher population, or you decrease demand by evicting illegal immigrants or killing some people.

Can’t beat demand and supply dynamics with fairy dust.

So what are you suggesting? Reduce housing?