You misinterpreted the summary.
You misinterpreted the summary. Reading the actual study, it confirms induced demand: "At the local, neighborhood scale, however, new luxury buildings could change the perception of a neighborhood and send signals to the market that such neighborhoods are desirable and safer for wealthier residents, resulting in new demand. Given the unmet demand for real estate in certain neighborhoods, new construction could simply induce more in-moving." "...What we find largely confirms this regional versus local argument;... This suggests that indeed in San Francisco, and by extension similar strong markets, the unmet need for housing is so severe that production alone cannot solve the displacement problem." (p7) Note that the summary concerns the regional effect of new housing construction -- with a strong emphasis on subsidized housing. Exactly what low-income housing advocates are campaigning for.
Posted by abalone on May 10, 2018, 1:01 AM
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- I had a similar random thought: Why don't we have a cloud company that does something opposite to what a Cloud company usually does.
- China is controlled by the government.
- > Prohibition never works, and piracy is a reflection of an unmet need.
- Thanks, that's quite interesting.
- My experience is that people are getting increasingly isolated anyway, so VR is great in this regard for more and more people.
Raise real-world problems, find people facing the same issue, and discuss solutions.4,000 issues0 comments
hackernews (Housing)
I had a similar random thought: Why don't we have a cloud company that does something opposite to what a Cloud company usually does.
China is controlled by the government.
> Prohibition never works, and piracy is a reflection of an unmet need.
Thanks, that's quite interesting.
My experience is that people are getting increasingly isolated anyway, so VR is great in this regard for more and more people.
You misinterpreted the summary.
You misinterpreted the summary.
You misinterpreted the summary. Reading the actual study, it confirms induced demand: "At the local, neighborhood scale, however, new luxury buildings could change the perception of a neighborhood and send signals to the market that such neighborhoods are desirable and safer for wealthier residents, resulting in new demand. Given the unmet demand for real estate in certain neighborhoods, new construction could simply induce more in-moving." "...What we find largely confirms this regional versus local argument;... This suggests that indeed in San Francisco, and by extension similar strong markets, the unmet need for housing is so severe that production alone cannot solve the displacement problem." (p7) Note that the summary concerns the regional effect of new housing construction -- with a strong emphasis on subsidized housing. Exactly what low-income housing advocates are campaigning for.
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