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by stetrain
296 days ago
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Yes, my point is just that the financial feasibility is related to the policy decisions. For example you could say that most people who live in Manhattan would choose to live in a 2000sqft+ detached home if it was financially feasible to do so. But because there is limited space, high demand, and city policy allows high density, such a home is not financially feasible for almost anyone in Manhattan. And of course that applies in sprawling metro areas like Houston as well. Forcing large swaths of single-family zoning despite the market forces means that housing supply can’t grow with demand, so cost of housing increases. |
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