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kristoncapps :/ Sure, in wealthier neighborhoods, but also increasing that supply in unaffordable ranges wouldn't help.Permalink On twitter.com
Mood +4 🙂
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kristoncapps The issues come in increasing supply where pricing increases and eventually it snaps back at highest price points...Permalink On twitter.com
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kristoncapps The issue is that prices increase faster than awareness of inability to afford them. Effect and high prices ripple out...Permalink On twitter.com
Mood -1 🙁
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kristoncapps Eventually the prices get driven up in surrounding areas, while new supply enters at overly high price point in center.On twitter.com
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kristoncapps But this pattern isn't eternally sustainable. At some point prices fall in suburbs, people move there and city markets crash.Permalink On twitter.com
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kristoncapps This is especially true b/c of how labor can become increasingly decentralized as we go forward.Permalink On twitter.com
Mood +2 🙂
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kristoncapps The problem is the current supply/demand policy and discussion metaphors don't account for the possibility of market crashPermalink On twitter.com
Mood -5 🙁