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hey, look, there is no relationship between 'housing supply elasticity' and home price!pic.twitter.com/RV5Oy1ehgK
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hey, look, from that same article, home price goes up with housing supply!pic.twitter.com/5tkk8irXgj
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perhaps it might be that the derivatives-based speculation that drove the bubble of the last decade is still in effect?
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that what is driving prices has NOTHING to do with how much we build, zoning, regulation, etc.?
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perhaps the recent push for deregulation/building/rezoning in high-property-value cities is BECAUSE of this speculative drive?
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