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▲ mchusma 4 hours ago

Or just loosen supply side restrictions so much that houses typically don’t go up in value.

▲Xylakant 4 hours ago | parent | next [-]

It’s really hard to loosen supply side restrictions on “this somehow became a hip neighborhood.” You can in general make more housing available, but not prevent rising prices in specific neighborhoods.

▲nkmnz 4 hours ago | parent [-]

You absolutely can prevent a "hip neighborhood" from becoming the equivalent of a short squeeze. Prices are not only signals of current scarcity, but also future scarcity. Once you've established that any increase in property value will lead to an influx of capital, followed by a swift increase of supply, every increase will partially suffocate itself.

▲goalieca 4 hours ago | parent | prev | next [-]

The funny thing about land and population growth is that land doesn’t. It’s fixed.

▲PunchyHamster 4 hours ago | parent [-]

and population in developed world is also no longer growing

▲TitaRusell 3 hours ago | parent [-]

Immigration means that population will grow in first tier countries.

▲groundzeros2015 4 hours ago | parent | prev [-]

The premise of real estate (above survival) is living somewhere other people don’t.