Matthew Yglesias

@mattyglesias ↗

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Last Checked Dec. 30, 2022

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Tue Dec 27 11:54:48 +0000 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

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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

"Don't improve the neighborhood because it will raise housing demand" as a premise is a powerful acid that would dissolve all kinds of things that have nothing to do with zoning. Is it bad to build better parks? To renovate schools? Have safer streets? https://t.co/IRZz8tzVJb https://t.co/2tqOY701aH — PolitiTweet.org

Posted Dec. 27, 2022