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AustenAllred's profile
Austen Allred
Austen Allred
Austen Allred
Verified account
@AustenAllred

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Austen AllredVerified account

@AustenAllred

CEO @LambdaSchool (YC S17): A CS education that's free until you get a job. I have made remarks that I do not agree with.

San Francisco, CA
lambdaschool.com
Joined December 2010

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    1. Austen Allred‏Verified account @AustenAllred Jun 13

      Austen Allred Retweeted Discount Dog Scuba

      People *actually* believe that building more housing doesn't affect housing prices. Wild.https://twitter.com/ScubaForDogs/status/1006606078744854534 …

      Austen Allred added,

      Discount Dog Scuba @ScubaForDogs
      say it with me: BUILDING 👏APARTMENTS 👏WITHOUT 👏CONTROLS 👏ON 👏THE 👏RENTS 👏OF 👏THOSE 👏APARTMENTS 👏ONLY 👏ENRICHES 👏DEVELOPERS 👏AND 👏DOES 👏NOT 👏DRIVE 👏DOWN 👏RENTS👏 thinking that it does is some neolib "free market" bullshit
      Show this thread
      20 replies 14 retweets 228 likes
    2. Ted Sanders‏ @sandersted Jun 13
      Replying to @AustenAllred

      Are they wrong, in the long-term? The biggest cities seem to have the highest rents. The tiniest towns seem to have the lowest rents. Building more housing gets you closer to a bigger city.

      1 reply 0 retweets 1 like
    3. Austen Allred‏Verified account @AustenAllred Jun 13
      Replying to @sandersted

      Or maybe more people want to live in cities which makes the prices higher?

      1 reply 0 retweets 3 likes
    4. Ted Sanders‏ @sandersted Jun 13
      Replying to @AustenAllred

      Sure. So is there a line of argument that building more housing will make a city more desirable, causing the demand to rise with supply? And if that logic is bunk, how do we know that it's bunk?

      1 reply 0 retweets 1 like
      Austen Allred‏Verified account @AustenAllred Jun 13
      Replying to @sandersted

      The question is what is the cause and what is the effect. If you build a mega city does it automatically fill up? If so, why are Detroit and Vegas so empty?

      6:59 PM - 13 Jun 2018
      • 1 Like
      • Ryan Petersen
      3 replies 0 retweets 1 like
        1. New conversation
        2. Ted Sanders‏ @sandersted Jun 14
          Replying to @AustenAllred

          So is the argument that because Detroit and Vegas have high supply and low demand, that implies that supply doesn't induce later demand, on average? Do we know if Detroit and Vegas are typical?

          1 reply 0 retweets 0 likes
        3. Austen Allred‏Verified account @AustenAllred Jun 14
          Replying to @sandersted

          Or St Louis or Atlanta or... there are a ton of big cities that are very cheap, and a ton of smaller cities that are more expensive. The strongest correlation is housing regulation, not size of city

          1 reply 0 retweets 1 like
        4. Ted Sanders‏ @sandersted Jun 14
          Replying to @AustenAllred

          What data sets do you use to draw and make these conclusions? I'd love to learn more.

          0 replies 0 retweets 0 likes
        5. End of conversation
        1. Jane Sorensen‏ @Janerette Jun 20
          Replying to @AustenAllred @sandersted

          Is that an actual serious question?

          0 replies 0 retweets 1 like
          Thanks. Twitter will use this to make your timeline better. Undo
          Undo
        1. New conversation
        2. Ted Sanders‏ @sandersted Jun 13
          Replying to @AustenAllred

          How empty are Detroit and Vegas? Where do you go for stats on this?

          1 reply 0 retweets 0 likes
        3. Matti Männistö‏ @MannistoM Jun 14
          Replying to @sandersted @AustenAllred

          In China, people tried to build large cities with the expectation that people would move in. Turns out, no one moved and the cities are empty.

          1 reply 0 retweets 1 like
        4. Ted Sanders‏ @sandersted Jun 14
          Replying to @MannistoM @AustenAllred

          What sources have you found to be good on the China ghost city topic? My reading there has been mixed, and I'd love to learn more.

          1 reply 0 retweets 0 likes
        5. Matti Männistö‏ @MannistoM Jun 14
          Replying to @sandersted @AustenAllred

          I've read various articles but it's been a while and can't recall anything that stood out as recommendable.

          0 replies 0 retweets 0 likes
        6. End of conversation

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