"Fortunately for developers it won't be suddenly. Most land in the city is already occupied: even if the construction and banking industry could rebuild the entire city in two years it takes longer than that to get the current land owners to agree to sell their current house which works just fine for them right now."
Well, yes. That's my point: construction takes a long time to change housing prices. It's not a universal, drop-the-mic response to every debate.
Well, yes. That's my point: construction takes a long time to change housing prices. It's not a universal, drop-the-mic response to every debate.