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by cmccabe 4613 days ago
Yeah! We should artificially push the price of rentals down, so that there will be no incentive to increase supply, ever.

I can't see any problems with this plan.

3 comments

Well yeah, but in places like SF and NYC, supply is limited by available space. We could house people in 6x6 cubes in giant rectangular buildings to be really efficient, but nobody wants that. So what do you do when your supply is limited, and the poor and middle class are being pushed out of your city?
I'm all for bulldozing the Mission right after bulldozing Cupertino for high-density cubes.
Cupertino already is fairly high-density, at least downtown. And I don't think anyone suggested bulldozing anything, just allowing people to build what they want, which they currently have a very hard time doing.
Supply isn't held back by lack of pricing incentive, it's denialist zoning restrictions
There's massive incentives to build in and around london. Its just getting the land thats the problem.