[cscurmudgeon]

Sigh, it is always supply and demand. If demand is higher than supply, prices rise.

It is a universal law of economics that people pretend doesn't apply to housing.

In these towns, do you have evidence demand is stable and yet prices rise?

https://scott-wiener.medium.com/yes-supply-demand-apply-to-h...

[JaimeThompson]

Adam Smith would disagree.

[cscurmudgeon]

Thanks for posting relevant data. I have changed my stance entirely.

[JaimeThompson]

I would expect that someone discussing this topic would be familiar with the various things Adam Smith and others have said about collusion to increase prices and related topics.