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The problem with this kind of demand>supply thinking is that, in aggregate, we have more buildings per capita and bedrooms per capita than we’ve ever had. Notwithstanding local mismatches in cities, it’s ultimately an issue of distribution. Managing borrowing and taxation is the only way around that.
slippers-
Re response to @villa-ru
I think you're wrong in this sort of definite thinking. Statist fiscal policy generally exacerbates capital allocation problems.
hurricane_run
Increase wages, attract more people, demand>supply, rent/house prices increase.
Rinse and repeat.