.@ArmandDoma @mknz Acknowledging supply and demand exist is not the same as Reaganomics.
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trickle down is theory that if you cut taxes for rich, they'll hire more poor people
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Actually just "allow much more housing to be built." At first, bc of shortage, it will be fancy housing.
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Replying to @yimbyaction @PissPigGranddad and
But that's what happens when you make a lot. The price comes down. When u constrain, price skyrockets.
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while filtering is real, the more immediate mechanism is absorption
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What happens when you chronically underbuild for decades? See example: Bay Area
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Replying to @yimbyaction @ArmandDoma and
This isn't an either/or. We fund subsidized housing FROM market rate housing.
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When we build housing we take the pressure off existing tenants AND we subsidize low income residents.
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