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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Condos mean more people in a given area. Which means more bars and restaurants. Which means more people want to live there. Which drives up the prices of those condos. Which drives up the prices of houses developers need to buy and tear down in order to build more condos. Which means even more people in a given area. Which means more bars and restaurants, which means more people want to live there, which drives up the prices even further.

People understood intuitively before we changed the term “gentrification” to “upzoning.”[/quote]

[b]There isn’t a coherent explanation of how changing zoning laws reduce housing prices. [/b]Typically the opposite happens — prices go up, by a lot. [/quote]

There is, and it's based on supply and demand. Just like "gentrification" and "upzoning" are different things, so "there is no explanation" and "I don't like the explanation" are different things, too.[/quote]

So what’s the explanation? [/quote]

https://googlethatforyou.com?q=housing%20zoning%20supply%20demand[/quote]

‘If you can't explain it to a six year old, you don't understand it yourself.’ —Albert Einstein[/quote]

Very weird that no one can explain how upzoning reduces housing prices[/quote]

Either you've testified at public hearings about housing policy, in which case you've heard plenty of pro-housing people explain this plenty of times, or you're a person who has a lot of time to post on DCUM, in which case a person might wonder how come you don't have the time to testify at public hearings.

Either you sincerely want to know, in which case you can go educate yourself, or you don't sincerely want to know, in which case feel free to waste your own time.[/quote]

You can just say you have no idea how upzoning is supposed to reduce prices. [/quote]

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