Why a Housing Shortage Exists Despite More Houses Per Person
marginalrevolution.com/marginalrevolution/2024/04/the-shortage-of-housing-and-the-rising-numbers-of-houses-per-capita.htmlWhen I post about the skyrocketing price of housing and the need to build, commentators (include some of the most astute commentators on MR), will sometimes object by pointing to the increasing and historically high number of houses per capita. They question how this aligns with rising prices and wave vaguely towards factors like monopoly pricing, hedge funds, Airbnb,…
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