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I defy the data [1].

There is too much complexity in that single example and the law of supply/demand has been proven too frequently for it to not make sense that increasing demand to meet supply would reduce cost.

1. For clarity, this phrasing is from here https://www.lesswrong.com/posts/vrHRcEDMjZcx5Yfru/i-defy-the...






> I defy the data.

Sorry. The reality doesn't care about your defiance.

Upzoning does not lead to lower housing prices. Even the most extreme urbanists admit that: https://www.strongtowns.org/journal/2023/4/26/upzoning-might...

> and the law of supply/demand has been proven too frequently

Ah, here it is. Have you considered that there, you know, might be "too much complexity" for "Economy 101" to fully explain the situation?

The _only_ way to decrease the housing prices is to BUILD MORE SUBURBS. Or even new cities entirely.

You don't have any other options. Sorry again.

Well, maybe one more: the Detroit route. Reduce the city population and the prices will go down.


Firstly, your link is focused on zoning changes, specifically how they are insufficient to prompt addition supply to be built.

From your linked blog post:

> Freemark finds extremely mixed and uncertain evidence for the effects of upzoning, and one of several reasons he identifies is that the link between upzoning and actual housing production is tenuous. In other words, “Are they allowed to build it?” is a different question from, “Are they building it?”

Secondly, building more suburbs and more cities increases the supply… which indicates agreement that the price problem is one of insufficient supply.

EDIT: To be perfectly clear, the data I disagree with is that increasing supply in Minneapolis failed to impact price. This is the contention of the comment I responded to, and it is fundamentally different from the claim that zoning changes fail to increase supply.




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