• nroth@lemmy.world
    link
    fedilink
    arrow-up
    3
    arrow-down
    1
    ·
    20 days ago

    At first, yes, but eventually prices come down when there’s a glut of supply

    • Maggoty@lemmy.world
      link
      fedilink
      arrow-up
      3
      ·
      20 days ago

      We’re disproving this really fast in California. It turns out developers want to build single family homes. It’s more profitable to them than buildings.