Wonder Why Your Rent Is High? Because Everyone Decided They Want to Live Alone

People can live alone, affordably, with a higher supply of housing, not just for rent and purchase, but we’ve gotta build much more than single family zoning.

Re: Wonder Why Your Rent Is High? Because Everyone Decided They Want to Live Alone

#5

Post by HarryHirsch » Fri, May 12, 2023, 1:47 AM UTC

BMc2020 wrote: post #3

Welcome to Discourse, a new online journal of politics, economics and culture published by the Mercatus Center at George Mason University.

Strange that the Koch brother mole, of all people, does not not understand supply-side economics. Also strange that they are seemingly in favour of kommunalkas.

Re: Wonder Why Your Rent Is High? Because Everyone Decided They Want to Live Alone

#6

Post by HarryHirsch » Fri, May 12, 2023, 1:49 AM UTC

gepardi wrote: post #4

This article said nothing about zoning. People can live alone, affordably, with a higher supply of housing, not just for rent and purchase, but we’ve gotta build much more than single family zoning.

We need to build housing, full stop: https://fred.stlouisfed.org/series/HOUST

The country stopped keeping up with housing demand in the 1980's. Combine that with centralization and abandonment of the countryside, it's no wonder that prices are where they are.

Re: Wonder Why Your Rent Is High? Because Everyone Decided They Want to Live Alone

#7

Post by BMc2020 » Fri, May 12, 2023, 1:54 AM UTC

HarryHirsch wrote: post #5

BMc2020 wrote: post #3

Welcome to Discourse, a new online journal of politics, economics and culture published by the Mercatus Center at George Mason University.

Strange that the Koch brother mole, of all people, does not not understand supply-side economics. Also strange that they are seemingly in favour of kommunalkas .

That's the thing about propaganda, er, libertarian economics. You have to promote whatever the spin is today, even if it contradicts what you said yesterday. Their followers have etch-a-sketches for brains. Shake them upside down and they are blank again.

edit: I guess I called that guy wrong. Anyhoo, everybody who has read The Road from Mont Pelerin all the way through raise their hands. Only me? The prosecution rests.

Re: Wonder Why Your Rent Is High? Because Everyone Decided They Want to Live Alone

#8

Post by missedthecue » Fri, May 12, 2023, 1:55 AM UTC

HarryHirsch wrote: post #5

BMc2020 wrote: post #3

Welcome to Discourse, a new online journal of politics, economics and culture published by the Mercatus Center at George Mason University.

Strange that the Koch brother mole, of all people, does not not understand supply-side economics. Also strange that they are seemingly in favour of kommunalkas .

I don't think it's a misunderstanding of supply and demand. There can be an explanation on both sides of the equation. Increasing supply is a solution to increased demand, but it's worth sharing that demand itself has increased and why it's increased.

Take a look at chip shortage a few years ago. Demand went to about 5x normal demand in the space of a year. The solution was to increase supply but it's not a misunderstanding of supply and demand if you told me that demand increased for xyz reason.

Re: Wonder Why Your Rent Is High? Because Everyone Decided They Want to Live Alone

#9

Post by BMc2020 » Fri, May 12, 2023, 1:58 AM UTC

missedthecue wrote: post #8

HarryHirsch wrote: post #5

Earlier quoted context omitted.

Strange that the Koch brother mole, of all people, does not not understand supply-side economics. Also strange that they are seemingly in favour of kommunalkas .

I don't think it's a misunderstanding of supply and demand. There can be an explanation on both sides of the equation. Increasing supply is a solution to increased demand, but it's worth sharing that demand itself has increased and why it's increased. Take a look at chip shortage a few years ago. Demand went to about 5x normal demand in the space of a year. The solution was to increase supply but it's not a misunders…

Demand fell off off a cliff.

Re: Wonder Why Your Rent Is High? Because Everyone Decided They Want to Live Alone

#10

Post by missedthecue » Fri, May 12, 2023, 5:05 AM UTC

BMc2020 wrote: post #9

missedthecue wrote: post #8

Earlier quoted context omitted.

I don't think it's a misunderstanding of supply and demand. There can be an explanation on both sides of the equation. Increasing supply is a solution to increased demand, but it's worth sharing that demand itself has increased and why it's increased. Take a look at chip shortage a few years ago. Demand went to about 5x normal demand in the space of a year. The solution was to increase supply but it's not a misunders…

Demand fell off off a cliff.

according to Patrick Gelsinger, CEO of Intel, demand for semiconducters grows at 5% per year. Covid drove demand to "twenty-plus percent"

https://youtu.be/mV0ek-i9C8U?t=105

I believe he of all people would have an adequate pulse on the industry during that time.