@PlnCom_Richards @kimmaicutler
It's not that simple Kim. No evidence that building new condos reduces evictions from existing housing.
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Replying to @kimmaicutler
@kimmaicutler @PlnCom_Richards That's a popular theory with the MR development advocates,but no evidence. Building doesn't stop speculation4 replies 0 retweets 0 likes -
Replying to @kimmaicutler
@kimmaicutler Kim: "you can't stop speculation w the current structure of the US property market." Okay, case closed on the build theory.3 replies 0 retweets 0 likes -
Replying to @kimmaicutler
@pcohensf if you don't build enough for expected population growth, wealthier people will find one way or another to price poorer people out1 reply 0 retweets 0 likes -
Replying to @kimmaicutler
@kimmaicutler Read the Housing Balance Report. It's not a simple pop growth/supply issue, it's an affordable housing supply issue.5 replies 0 retweets 0 likes
@pcohensf what would they have done otherwise? Probably bought existing housing.
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