Submitted by quinntronix t3_10aumg4 in RhodeIsland
Beezlegrunk t1_j4msf12 wrote
Reply to comment by degggendorf in Share your opinion about Fane Tower by quinntronix
I've offered you examples of cities that actually built a lot of luxury housing, and yet other housing there didn't get cheaper — that's my refutation of your high school textbook theory. What you haven't done is the opposite: Give examples where your theory actually worked as claimed.
The problem isn't in asking specific questions, it's in asking vague deflective questions like, "What's your solution?" or in responding to someone's critique entirely with questions, or with theories of what should happen, while conveniently ignoring what actually has happened and can be substantiated.
If you need further examples of cities that haven't "luxuried" their way out of an affordable housing crisis, I've got plenty of them — including in Providence itself. What you don't have is examples to the contrary.
degggendorf t1_j4mvnwb wrote
> I've offered you examples of cities that actually built a lot of luxury housing, and yet other housing there didn't get cheaper
I showed you how population growth outstripped housing growth, and why prices going up still fit my increased demand=higher prices model.
I also provided many academic resources that agree with what I'm saying.
So far, you can't even explain what you think is happening, let alone provide any corroborating evidence. I don't know what else to do to get you to explain your own logic. I asked multiple times, and provided a quote of yourself criticizing the exact behavior you're partaking in now.
> The problem isn't in asking specific questions, it's in asking vague deflective questions like, "What's your solution?"
Is it poor reading comprehension, or a failing memory that is causing you to misquote what I asked? To ask you for the third time, what do you think would happen if a million new apartments opened up in San Francisco tomorrow? I am crossing my fingers hoping that you'll actually attempt to explain what you think the housing market will do this time. Third time's the charm...?
>including in Providence itself.
Providence is in the same situation as San Francisco. Supply has dropped in relation to demand, so prices are higher.
2011: 72,600 housing units; 178,000 people
2020: 74,800 housing units; 190,000 people
That's 2,200 new units, and 12,000 new people. More demand, higher prices.
Were you just straight up making stuff up and hoping I wouldn't check, or do you really think that population has nothing to do with housing pricing?
> Give examples where your theory actually worked as claimed.
I gave you studies with data tables, which you immediately demonstrated your unwillingness and/or inability to read and/or understand. You failing to read the thing you asked for is no longer my problem. You are willingly choosing ignorance.
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