OK, so why would a developer keep building market rate as margins drop? Why would buyers not immediately align with the rest of the owners in opposing more construction? Why conflate property-value motivated “no” with displacement-aversion motivated “no”?

Lazy, selfish analysis.

Posted on Mastodon over seven years ago and archived here at /mastodon/2019/01/03/101350799673585953/ in the Mastodon collection.
Proximate posts in the Mastodon collection
newer Mastodon post from January 3, 2019, 101354123160718177 03 January 2019
this post Mastodon post from January 3, 2019, 101350799673585953 03 January 2019
older Mastodon post from January 2, 2019, 101345036190755478 02 January 2019
Proximate posts in the General collection
newer Mastodon post from January 3, 2019, 101354123160718177 03 January 2019
this post Mastodon post from January 3, 2019, 101350799673585953 03 January 2019
older Mastodon post from January 2, 2019, 101345036190755478 02 January 2019