Submitted by MrJasonMason t3_119yrhg in pics
SadMacaroon9897 t1_j9qo34u wrote
Reply to comment by cavanarchy in "All these new apartment buildings, yet still so many people forced to sleep outside" by MrJasonMason
Supply and demand definitely does impact housing prices. A 5bed/3 bath in the middle of nowhere is practically worthless. But if it's in the middle of Manhattan, it would be one of the most expensive houses in the US. The supply of land within cities is fixed but the demand is ever-increasing.
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