@Noahpinion On some level I think it certainly is. My point is mostly that the compounding returns to density may mean you need…
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a huge amount of housing before you beat returns to scale. Would SF housing be long-term cheaper with 50% more supply?
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Not obvious to me answer is "yes". (For example: the *last* 50% we added didn't decrease cost!)
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To be clear, I'm all for building. Build build build. But it's still nuanced.
3:22 PM - 21 Aug 2016
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