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Denver rent is back to 2022 prices after 20k new units hit the market

denverite.com

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Re: Denver rent is back to 2022 prices after 20k new units hit the market

#11
post #4
post #2

Supply and demand 101 continues to work.

Someone should try this with medicine. Instead of subsidizing insurance (demand side), let’s spend the money to bring doctors to the USA from all over the world and have them work in free clinics (supply side).

We already do that? I mean, minus the free clinic thing.

Re: Denver rent is back to 2022 prices after 20k new units hit the market

#13
It's a nice victory story for the YIMBYs hoping to win over the upper-/middle class trying to retain the narrative that the market will provide "affordable" housing (not what this even demonstrates, but anyway), but this isn't going to get people off the street. We need a public housing sector to appropriately meet everyone's needs. Otherwise this is just a game of justifying "who deserves housing", a discussion over which I'll never agree with the market.

Re: Denver rent is back to 2022 prices after 20k new units hit the market

#15
post #4

Earlier quoted context omitted.

Someone should try this with medicine. Instead of subsidizing insurance (demand side), let’s spend the money to bring doctors to the USA from all over the world and have them work in free clinics (supply side).

we also could just stop having the federal government limit the number of residency slots so we could have enough doctors trained in the US.

https://www.beckershospitalreview.com/quality/hospital-physi...

https://pmc.ncbi.nlm.nih.gov/articles/PMC8370355/

Re: Denver rent is back to 2022 prices after 20k new units hit the market

#18
post #4

Earlier quoted context omitted.

Someone should try this with medicine. Instead of subsidizing insurance (demand side), let’s spend the money to bring doctors to the USA from all over the world and have them work in free clinics (supply side).

we also could just stop having the federal government limit the number of residency slots so we could have enough doctors trained in the US.

Not just residency. Fix the cost (and capacity) of the education system as a whole, especially for mid-levels. There’s no reason this country should have such a chronic NP shortage, and you don’t need MD/DOs for most of the healthcare gaps we have.

You also make rural care viable when you don’t have folks who need to pay off astronomical loans.

Re: Denver rent is back to 2022 prices after 20k new units hit the market

#19

yeah well, the last time things were affordable the price was 1200. 71 dollars off 1850 isn't going to do anything

> 71 dollars off 1850 isn't going to do anything

The point is the modern urban economic illiteracy that pretends supply and demand don't exist in housing (except when it comes to short-term rental stock, in which case it magically reappears) is wrong. Our housing crisis is a supply-side problem.

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