🤔 Who knew that people don't trust the age-old economic theory of supply and demand when it comes to housing? 📉 Apparently, the concept that more houses could lower prices is just too complex to grasp. 🏠 Maybe if we scatter a few more cookies around, the truth will finally stick! 🍪
https://www.aeaweb.org/articles?id=10.1257/jep.20241428 #supplyanddemand #housingtrust #economictheory #housingmarket #complexities #cookiesfortruth #HackerNews #ngated
The Folk Economics of Housing - American Economic Association

The Folk Economics of Housing by Christopher S. Elmendorf, Clayton Nall and Stan Oklobdzija. Published in volume 39, issue 3, pages 45-66 of Journal of Economic Perspectives, Summer 2025, Abstract: Why is housing supply so severely restricted in US cities and suburbs? Urban economists offer two prim...

When #privateEquity and #developers want to engage in #gentrification, are there specific things they do in terms of #harassment to make life more miserable for the #tenants?

A privately-owned #housingTrust have gone from doing an inspection every 3 years to one every 3 months. An extreme increase that seems wholely unjustified.

Is this a yet another hallmark of gentrification alongside "#publicArt" and #coffeeShops?

#housing #workingClass #landlords #overdevelopment

Q: At what point does a #housingTrust stop being a housingTrust and start being a #housingUntrust?

A: When multistory #humanFilingCabinets is their 'go to'.

#neoFeudalism #slumification #extremeHighDensity