Housing has elastic demand, right? Based on prices, you can have roommates, chil... | Hacker News

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		sdwr on June 11, 2024 \| parent \| context \| favorite \| on: The Rate of Return on Everything, 1870–2015 (2019) Housing has elastic demand, right? Based on prices, you can have roommates, children can live with parents, etc. Real housing costs could double tomorrow, and people would survive (not happily).

carlosjobim on June 11, 2024 [–]

With extreme consequences to the population. When people are not given space to create their own families, the result is the massive population decrease we're living through now in industrialised nations.

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