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The real housing crisis is one of quantity

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The real housing crisis is one of quantity Enough Already 04-19-2008
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Posted by Matt W. Barrow on May 6, 2008, 4:55 pm

>
>
>>>
>>>>>>
>>>>>> It's called "supply and demand" - the supply of workable LAND is
>>>>>> restricted
>>>>>> and even diminishing, while the DEMAND increases. The rules may be to
>>>>>> alleviate "sprawl" or just to protect certain insects, rodents, etc.
>>>>>> In this
>>>>>> case the S&D curve is artificially contrived and the developers have
>>>>>> nothing
>>>>>> to do with it.
>>>>>>
>>>>>> Matt
>>>>>
>>>>> Developers support smart growth because they can put more housing on
>>>>> less land and charge more too.
>>>>
>>>> Developers don't set the price, the market does. Econ 101 - learn it.
>>>>
>>>>
>>>
>>> Eco 101 teaches you theoretical
>>> models.....you need more advanced
>>> courses to approach reality.
>>
>> You've got it completely inverted.
>>
>>>
>>> In reality theoretical supply-demand
>>> markets never occur.
>>
>> Excuse me?
>>
>>
>
> Theoretical Eco 101 supply-demand
> curves require perfect knowledge by
> buyers and sellers.

No, it doesn't, except in Keynesian economics.

>
> That NEVER happens in the real world.
> Never.

"Perfect knowledge" isn't necessary, which is why Keynes was a sham.





Posted by Sid9 on May 6, 2008, 5:00 pm


>
>>
>>
>>>>
>>>>>>>
>>>>>>> It's called "supply and demand" - the supply of workable LAND is
>>>>>>> restricted
>>>>>>> and even diminishing, while the DEMAND increases. The rules may be
>>>>>>> to
>>>>>>> alleviate "sprawl" or just to protect certain insects, rodents, etc.
>>>>>>> In this
>>>>>>> case the S&D curve is artificially contrived and the developers have
>>>>>>> nothing
>>>>>>> to do with it.
>>>>>>>
>>>>>>> Matt
>>>>>>
>>>>>> Developers support smart growth because they can put more housing on
>>>>>> less land and charge more too.
>>>>>
>>>>> Developers don't set the price, the market does. Econ 101 - learn it.
>>>>>
>>>>>
>>>>
>>>> Eco 101 teaches you theoretical
>>>> models.....you need more advanced
>>>> courses to approach reality.
>>>
>>> You've got it completely inverted.
>>>
>>>>
>>>> In reality theoretical supply-demand
>>>> markets never occur.
>>>
>>> Excuse me?
>>>
>>>
>>
>> Theoretical Eco 101 supply-demand
>> curves require perfect knowledge by
>> buyers and sellers.
>
> No, it doesn't, except in Keynesian economics.
>
>>
>> That NEVER happens in the real world.
>> Never.
>
> "Perfect knowledge" isn't necessary, which is why Keynes was a sham.
>
>
>
>


Republican Reagan was a Keynesian.
Republican jr is a Keynesian.



Posted by Matt W. Barrow on May 6, 2008, 5:14 pm

>
>
>>
>>>
>>>
>>>>>
>>>>>>>>
>>>>>>>> It's called "supply and demand" - the supply of workable LAND is
>>>>>>>> restricted
>>>>>>>> and even diminishing, while the DEMAND increases. The rules may be
>>>>>>>> to
>>>>>>>> alleviate "sprawl" or just to protect certain insects, rodents,
>>>>>>>> etc. In this
>>>>>>>> case the S&D curve is artificially contrived and the developers
>>>>>>>> have nothing
>>>>>>>> to do with it.
>>>>>>>>
>>>>>>>> Matt
>>>>>>>
>>>>>>> Developers support smart growth because they can put more housing
>>>>>>> on less land and charge more too.
>>>>>>
>>>>>> Developers don't set the price, the market does. Econ 101 - learn it.
>>>>>>
>>>>>>
>>>>>
>>>>> Eco 101 teaches you theoretical
>>>>> models.....you need more advanced
>>>>> courses to approach reality.
>>>>
>>>> You've got it completely inverted.
>>>>
>>>>>
>>>>> In reality theoretical supply-demand
>>>>> markets never occur.
>>>>
>>>> Excuse me?
>>>>
>>>>
>>>
>>> Theoretical Eco 101 supply-demand
>>> curves require perfect knowledge by
>>> buyers and sellers.
>>
>> No, it doesn't, except in Keynesian economics.
>>
>>>
>>> That NEVER happens in the real world.
>>> Never.
>>
>> "Perfect knowledge" isn't necessary, which is why Keynes was a sham.
>>
>>
>>
>>
>
>
> Republican Reagan was a Keynesian.
> Republican jr is a Keynesian.

So?

"We are all Keynesians now" - Richard Nixon.

Did you know that Keynes had ONE SEMESTER of economics in his entire school
career?

If you can't stick to the topic and keep throwing "streams of
consciousness", there's no point in further discussion.




Posted by The Trucker on May 5, 2008, 10:29 pm
On Mon, 05 May 2008 14:18:17 -0700, Matt W. Barrow wrote:

>>
>> wrote:
>>> Can you support your points below, or are you just throwing out you
>>> opinion?
>> ----
>>
>> Developers have prices artifically raised by governmental rules which
>> limit "sprawl" and thus force housing prices up to many times replacment
>> costs. This is what makes housing unaffordable to start with.
>
> It's called "supply and demand" - the supply of workable LAND is restricted
> and even diminishing, while the DEMAND increases. The rules may be to
> alleviate "sprawl" or just to protect certain insects, rodents, etc. In this
> case the S&D curve is artificially contrived and the developers have nothing
> to do with it.

These claims make no sense. Please attempt to advise us how "rules that
limit sprawl" would drive up the price of housing. Housing is the house
and it is the only part that has "replacement cost". The land does not
have "replacement" costs. The claim seems bogus. And BTW, the limiting
of sprawl decreases the fuel costs. If you were "forced" to buy a home
closer to your place of work due to the "sprawl laws" then you should
probably be smiling right now.

We need MUCH BETTER condos and apartments where you cannot hear your next
door neighbor no matter how hard you try.

--
"I know no safe depository of the ultimate powers
of society but the people themselves; and
if we think them not enlightened enough to
exercise their control with a wholesome
discretion, the remedy is not to take it from
them, but to inform their discretion by
education." - Thomas Jefferson
http://GreaterVoice.org/extend


Posted by Matt W. Barrow on May 6, 2008, 1:19 am
>>> Developers have prices artifically raised by governmental rules which
>>> limit "sprawl" and thus force housing prices up to many times replacment
>>> costs. This is what makes housing unaffordable to start with.
>>
>> It's called "supply and demand" - the supply of workable LAND is
>> restricted
>> and even diminishing, while the DEMAND increases. The rules may be to
>> alleviate "sprawl" or just to protect certain insects, rodents, etc. In
>> this
>> case the S&D curve is artificially contrived and the developers have
>> nothing
>> to do with it.
>
> These claims make no sense. Please attempt to advise us how "rules that
> limit sprawl" would drive up the price of housing.

Less land available means fewer houses capable of being built = less supply
during a static or increasing demand.

Odd that shold need to be pointed out to someone outside elemantary school
(Oh, I forgot, they don;t have time for that in public schools as they're so
busy teaching environmental hysteria and leftist economics/public policy).

> Housing is the house
> and it is the only part that has "replacement cost". The land does not
> have "replacement" costs. The claim seems bogus. And BTW, the limiting
> of sprawl decreases the fuel costs. If you were "forced" to buy a home
> closer to your place of work due to the "sprawl laws" then you should
> probably be smiling right now.

If I was forced to do any such thing, I'd smash the thugs face in with a
baseball bat.

>
> We need MUCH BETTER condos and apartments where you cannot hear your next
> door neighbor no matter how hard you try.

Well, get busy building them...or is it easier to just shoot your stupid
mouth off?




Page 7 of 14       < 1 2 3 > last >>
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