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  • Building more all the time will only do one thing, namely to continue to overheat an already ridiculously-overheated housing market

    Not sure I buy this though. As far as I'm aware, prices are still fixed by supply and demand. Increase supply and prices will go down. However, I agree that building shitty little hobbit boxes in areas of high demand is not the best way of solving this issue.

  • Not sure I buy this though. As far as I'm aware, prices are still fixed by supply and demand. Increase supply and prices will go down.

    Nope. Yes, in theory, but not with huge foreign interest and investment. Prices will only continue to go up and up. There is an international kleptocracy to make friends with, after all.

    However, I agree that building shitty little hobbit boxes in areas of high demand is not the best way of solving this issue.

    I would have you know that hobbit holes and houses were generally extremely comfortable, spacious, and well-built. That they are too small for humans is neither here nor there. :)

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