Housing Supply and Demand
by Brian Wang from NextBigFuture.com on (#74R2F)
Metro areas/states allowing sprawl (Texas metros like Dallas/Houston permitted ~72k homes in 2024 alone) + densification (Minneapolis, Auckland NZ upzoning 21-24% rent drops in targeted studies) show housing stock growth 2-3x higher and price appreciation 50-80% lower than restrictive peers (California, New York). Supply elasticity over 0.5 typically caps real price growth near inflation. ...