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JusticeForScizor t1_iz0ixx8 wrote

Reply to comment by corgis_are_awesome in [OC] Building permits (in housing units) per capita, by state (fix) by born_in_cyberspace

demand requires you to be both willing and able to purchase something

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corgis_are_awesome t1_iz0mhkt wrote

There are plenty of people who are both willing and able, as evidenced by the constantly climbing prices and sales.

But if it’s 1000% harder to do a new build due to the government not issuing permits, and due to red tape from NIMBY people, then it’s easier to buy than to build.

It SHOULDN’T be that way, though. The people who already own homes want their properties to keep appreciating in value, and they know that the best way they can ensure that continues is to prevent new builds.

This isn’t rocket science

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