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Metropolitan DC Local Politics
Reply to "We need homes. A lot of homes. Not just affordable, but also middle-income homes."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]DP. Where are your peer reviewed articles that show that an increased housing supply raises prices?[/quote] You have invented something to change the subject to avoid the embarrassment of larping as a big-brained internet academic.[/quote] I guess I'd rather LARP as a big-brained internet academic than LARP as a dimwit who gets his rocks off on posting the same debunked theories over and over again, ignoring a plethora of evidence to the contrary, and calling people names.[/quote] *showmetheevidencememe.jpg*[/quote] These barely scratch the surface. Let me know if you're interested in learning more. https://pubs.aeaweb.org/doi/pdfplus/10.1257/mac.20170388 https://pubs.aeaweb.org/doi/pdf/10.1257/jep.32.1.3 https://www.newyorkfed.org/medialibrary/media/research/epr/03v09n2/0306glae.pdf https://onlinelibrary.wiley.com/doi/abs/10.3982/ECTA9823 https://faculty.wharton.upenn.edu/wp-content/uploads/2017/05/Regulation-and-Housing-Supply-1.pdf[/quote] You said I should read the "peer reviewed journals" yet post many links to non-peer reviewed pdfs? In any case, none of what you posted addresses the central question of the impact of additional supply of new construction on unit housing costs per the context of the discussion. Your links look at policy, but don't provide any information on how housing is delivered and where. Replacing affordable units with "luxury" units definitionally increases the supply of high cost housing units while decreasing the supply of low cost units. You presume that developers are like soy farmers and will keep adding unlimited supply to the market until the market clears and prices crash. Developers are not this dumb. The only time in modern history where even an approximation of this occurring was during the 80's, but back then developers were not interesting in making money on housing, they were making money on bank fraud. It was called the Savings and Loan Scandal.[/quote] Did you even bother reading any of the articles? Which ones were not peer-reviewed? And yes, all papers address the central topic that land-use restrictions increase the price of housing. Please try reading them.[/quote] You don’t even know what peer review is, couldn’t even describe how it works and the different types and are just an all around low IQ person. [/quote] Wow, I really touched a nerve! Since you're obviously a very stable genius, telling me which papers were not subject to peer review should be trivial. So which ones weren't?[/quote] Debate Club Guy is the most tiresome person on this website. Only one of the links is published in an actual journal, therefore only one is published in a “peer reviewed journal” that you recommended I read. QED. This is why you are low IQ. [/quote] I'm not sure if you're being intentionally obtuse to try to win an Internet argument, but I'll give you the benefit of the doubt and assume that you're just in way over your head and have no idea how to get yourself out of this. The first link is from The American Economic Journal: Macroeconomics, a peer-reviewed journal. The second link is from the Journal of Economic Perspectives, a peer-reviewed journal. The third link is from the Federal Reserve Bank of New York's Economic Policy Review, a peer-reviewed journal. The fourth link is from Econometrica, a peer-reviewed journal. The fifth link is from the Handbook of Regional and Urban Economics, comprised of a series of peer-reviewed articles.[/quote]
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