This might be me projecting, but I think lack of housing stock is driven by NIMBY policies intentionally restricting stock, and not by some unchangeable market force. It doesn’t have to be a limiting factor, at least not as much as at present.
In the long-term yes, but in the short-term and even medium-term, housing takes time to build, so there’s going to be a lag. During that lag, it can cause problems even without NIMBY policies.
This might be me projecting, but I think lack of housing stock is driven by NIMBY policies intentionally restricting stock, and not by some unchangeable market force. It doesn’t have to be a limiting factor, at least not as much as at present.
In the long-term yes, but in the short-term and even medium-term, housing takes time to build, so there’s going to be a lag. During that lag, it can cause problems even without NIMBY policies.
Good point.