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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]
I don't think anyone is saying there are no children in NYC. But the number of children is apparently declining. And it's easy to see why. It's not just UMC people flocking to the suburbs and bigger quarters/better schools but it's also poorer people being priced out too. [/quote]

I am not saying that rising RE prices in NYC and DC are not a problem, they are.   I mean even large apts in NYC are expensive because supply has failed to keep up with demand.

All I am saying is that to make it possible for families to live in high demand cities, we need BOTH sufficient apartment/condo supply to be relatively affordable, AND we need it to be acceptable to raise a family in an apt/condo.  The latter is already the case in NYC, but the former fails.  In DC we don't have quite as far to go on the former, but further to go on the latter. [/quote]

Increasing the housing supply won't reduce prices. Economists have written papers about this.

https://www.federalreserve.gov/econres/feds/files/2018035pap.pdf[/quote]

That paper doesn't say what you say it says.[/quote]

"Even if a city were able to ease some supply constraints to achieve a marginal increase in its housing stock, the city will not experience a meaningful reduction in rental burdens."
[/quote]

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