LRET - Housing: Part 342 - Building Homes Helps
I pulled up these charts today while responding to an e-mail, and they seem worth sharing.
This is Austin, Seattle, and San Francisco. They each are cities with high demand for population growth and strong income growth. They really make a nice example of how housing supply works. When there is high demand for living in a city, it can block growth, like San Francisco, which may actually increase local incomes because of the obstructions to competition in the local labor force, but those higher incomes are generally claimed by higher housing costs. And, the