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by serf 757 days ago
>Turns out actually building homes works :surprised_pikachu:.

more like it turns out that having a wrongly-promised false market of endless real estate customers prompts municipalities to (over)-invest in the housing market.

to our benefit this time, but let's call a cat a cat; it was due to over-provisioning based on incorrect future forecasts, not some altruistic political maneuver to benefit housing costs for residents; just a carrot for an audience of Austin hopefuls that eventually evaporated to the benefit of locals.

Would this work elsewhere? Yeah, up until you hit the problems with excessive over-spending and waste of workforce -- which is to mean it's not a solution.