Matthew Yglesias

@mattyglesias ↗

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Last Checked Dec. 30, 2022

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Tue Dec 27 11:53:01 +0000 2022

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Matthew Yglesias @mattyglesias

Some people think that new construction generates so many improved amenities that it actually *raises* nearby rents — an idea that if true implies cities have the ability to unlock a perpetual motion machine for economic growth. https://t.co/IRZz8tzVJb — PolitiTweet.org

Posted Dec. 27, 2022

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Matthew Yglesias @mattyglesias

@spencerknoll Take a deep breath. Try to clear your mind of anger. Say to yourself “I am going to read the tweet again and before getting mad about the tweet I am going to check to see if it actually says the thing I am mad about.” Then take another deep breath. Then read the tweet again. — PolitiTweet.org

Posted Dec. 27, 2022

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Matthew Yglesias @mattyglesias

Now I think it is sadly probably not the case that this works in general. Several empirical studies find that ⬆️ supply leads to ⬇️prices. But more importantly, if a project is so good that it raises demand that much you should do the project! https://t.co/IRZz8tznTD — PolitiTweet.org

Posted Dec. 27, 2022