@kimmaicutler @ptraughber but most evidence for filtering also comes from suburbanization era. now "reverse filtering" in many places.
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@jostehlin@kimmaicutler reverse filtering would make sense in a city like SF where new supply has been constrained for decades. - 2 more replies
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@kimmaicutler@ptraughber will have to read more carefully but the 2003-2007 exurban frenzy seems like a confounding variable.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@kimmaicutler@ptraughber by evidence and logic it's not the main mechanism when job growth outstrips housing... -
@alevin@kimmaicutler well that's the whole point though right? That we should build more housing so that rarely happens.
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@kimmaicutler@ptraughber 97% of new residents are taking existing housing stock. big current problem is incoming folk outbidding..Thanks. Twitter will use this to make your timeline better. UndoUndo
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@kimmaicutler@ptraughber in current market new housing takes pressure immediately off older stock w/existing residentsThanks. Twitter will use this to make your timeline better. UndoUndo
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@kimmaicutler@ptraughber doesn't take 1-3 decades to filter. It allows new people to not displace current residentsThanks. Twitter will use this to make your timeline better. UndoUndo
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@kimmaicutler Seems like one lesson is govt and nonprofs should aggressively acquire and build housing during anti-bubble periods.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@kimmaicutler@ptraughber this is not "trickle-down" in the Reaganomics sense. That's an ad hominem attack on all pro-supply arguments.Thanks. Twitter will use this to make your timeline better. UndoUndo
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