compare WA I-732 baptist-bootlegger coalitions, except left activists and nimbys nothing good will ever happenhttp://www.latimes.com/politics/la-pol-ca-housing-bill-failure-equity-groups-20180502-story.html …
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If the problem is short supply more is always better even if the more isn't in the highest demand band, it's true. Fifty luxury apartments is better than four luxury houses.
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the reason cities (with good economies and positive immigration inflow) are dysfunctional is because of the housing market dynamics. it's the root cause of almost every other problem I can think of. the suburbs were a tragic mistake that punted the problem 50 years down the road.
End of conversation
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