Replying to Avatar Vitor Pamplona

Hot take: Inflation aside, housing is expensive because people really want to live in great communities and are willing to pay the price. There is no shortage of houses in expensive places; there is simply a huge shortage of truly great neighborhoods to live in across the US to match the ever-increasing living condition expectations of our population. It doesn't matter how much cities build. There are way more people waiting to move in than space to build.
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Globe99 5mo ago

While places that have nice climates and/or good job markets will always be in demand, this kind of fatalistic "oh well prices will always be high" narrative ignores the real and significant factors of NIMBY-ism and decades of car-centric design that have ballooned housing prices way beyond what they would be in a true Free Market, especially in the West coast.

There are significant swath of land in the middle of Los Angeles, even literally at the doorstep of mass transit, where is it *literally illegal* to build anything except for a 1-story single-family house. Not so much as a HOT DOG STAND, let alone housing that would get close to satisfying demand.

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