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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Building more housing makes housing cheaper. This is just the price of entry to any discussion of housing. If you don’t accept that please quiet down and take an economics class. Denying that is like denying gravity exists. (No I don’t need you to cite the paper saying that it’s not true: it refers only to limited time horizons and a particular area.) Higher supply, lower prices. Period. We have a housing market. [/quote] Yes, you are correct to a point. There is a lot of demand to live in Arlington. Building and building in Arlington is just going to bring in more people from further out who can now afford an expensive place in Arlington. Arlington prices will not get cheaper. The demand and prices will soften for further out communities when those people move to Arlington, but it won't bring down Arlington prices.[/quote] But the PP isn’t really correct to a point. The smugness of the “you must accept my terms” and “take an economics class” while misunderstanding the market dynamics as you point out really is a lot of what people don’t like about GGW. The PP is like the model for what’s wrong with GGW. [/quote]
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