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Class is in session. We’re learning about housing supply and demand.

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Maggie

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15,001 views • 10 months ago •via X (Twitter)

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Austin's supply of housing is far exceeding its demand and you get exactly this
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Rent is expensive in New York because politicians and bureaucrats are preventing new housing from being built. Remember demand & supply?
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Housing supply is ⬇️ Housing demand is ⬆️ Sign for a common sense Conservative plan to build the homes:
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Make no mistake, the key to driving down housing costs is increasing supply. When demand is high and supply is constrained, prices rise. It’s basic economics. Last year was the first time the macro data showed rents in Jersey City stabilizing, largely because new housing supply finally came online.
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The worst IQ blackpill is that most people simply cannot connect the dots regarding housing supply and demand. It's not that they are blinded by ideology, class resentment, or whatever else, they are cognitively incapable.
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Demand finds supply. Enough demand for housing? They'll build more. Enough demand for Apple stock? They'll split it. Enough demand for Gold? They'll mine it in space. Only two things have a fixed supply no matter the demand: - Time - #Bitcoin Own as much of each as you can
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Every session is a learning curve. We’ve made huge strides, and we’re analyzing the data to compete in our first race tomorrow 🤜🤛
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