[mbrumlow]

This. We don’t have a housing problem. We have a “I want to live here problem.” And if we could snap our fingers and everybody in the world who wanted to live in NY could, it would be the same second nobody would want to live in NY.

It just does not scale like people think. And that is why the price has to go up, and that is the forcing factor for max capacity of any given parcel of land.

The fact is we all can’t live in the same city. And people need to do what we did in the past. And that is move to new locations that are cheaper.

Every hot spot today once was a crappy place, it was over time that it became the desirable place. That is just how it works. You got to move and live where you can afford.

Every city has a max amount of occupancy, and density. It’s so silly to even think about this on the individual level. I can find 1BN people who want to live in NY today if told today they could have a place today for $500 a month but 1BN other people are also joining would instantly turn down the offer.