> But I have a hard time to understand how increased supply would not have a downward effect on prices. It does, if that is the only thing that happens. If land owners or existing home owners willingness to sell,…
The laws of supply and demand only says that an increase in supply will decrease price if everything else remains the same. Since that isn't the reality in housing markets there is nothing in the laws of supply and…
> But I have a hard time to understand how increased supply would not have a downward effect on prices. It does, if that is the only thing that happens. If land owners or existing home owners willingness to sell,…
The laws of supply and demand only says that an increase in supply will decrease price if everything else remains the same. Since that isn't the reality in housing markets there is nothing in the laws of supply and…