6 ms·

How can you increase demand for housing and decrease the cost of housing at the same time?

by coderdude 10y ago

Naritai 10y ago
...by dramatically increasing supply?
- deleted 10y ago
  [deleted]
- Noseshine 10y ago
  ...which would decrease demand (ceteris paribus) :-) I think the question was academic, not practical.
  - hellofunk 10y ago
    Supply and demand can both increase. It's the difference that matters.
    - Noseshine 10y ago
      I wrote "ceteris paribus". Please actually read comments before downvoting. My comment still stands. If, everything else remaining equal, supply "dramatically increases" than demand will fall.
      - saycheese 10y ago
        While I didn't downvote your comment, using Latin on an English speaking site isn't an effective means of expressing ideas.
        hellofunk 10y ago
        I have to agree that to assume everyone would understand some Latin phrase is, well.. presumptuous.
        Noseshine 10y ago
        That is a common phrase in ergonomics. I myself don't speak any Latin apart from a handful of phrases, like et al, et ceterea, pecunia non olet... - the usual stuff that I think most people have been exposed to. And "ceteris paribus" is THE phrase in economics. It of course applies to all models, but in that field it's actually being used in everyday speech, and always and immediately (when starting to study anything "economics"). I'm not even an economics person, only learned a little bit of it on the side (didn't find it interesting enough). So it is NOT a stretch at all to assume that someone who wants to debunk a statement made on the basis of the boring standard subject of economics, the supply and demand relationship, has heard about it! If not, it would be even worse for his statement.
foota 10y ago
Presumably by subsidizing the housing. Housing is interesting, because what really affects the market is housing stock, not housing investment. But of course housing investment over time builds housing stock. edit: This wikipedia article proved interesting. https://en.wikipedia.org/wiki/Real_estate_economics https://en.wikipedia.org/wiki/Real_estate_economics

How can you increase demand for housing and decrease the cost of housing at the same time?

Naritai 10y ago

...by dramatically increasing supply?

deleted 10y ago
[deleted]
Noseshine 10y ago
...which would decrease demand (ceteris paribus) :-) I think the question was academic, not practical.
- hellofunk 10y ago
  Supply and demand can both increase. It's the difference that matters.
  - Noseshine 10y ago
    I wrote "ceteris paribus". Please actually read comments before downvoting. My comment still stands. If, everything else remaining equal, supply "dramatically increases" than demand will fall.
    - saycheese 10y ago
      While I didn't downvote your comment, using Latin on an English speaking site isn't an effective means of expressing ideas.
      - hellofunk 10y ago
        I have to agree that to assume everyone would understand some Latin phrase is, well.. presumptuous.
        Noseshine 10y ago
        That is a common phrase in ergonomics. I myself don't speak any Latin apart from a handful of phrases, like et al, et ceterea, pecunia non olet... - the usual stuff that I think most people have been exposed to. And "ceteris paribus" is THE phrase in economics. It of course applies to all models, but in that field it's actually being used in everyday speech, and always and immediately (when starting to study anything "economics"). I'm not even an economics person, only learned a little bit of it on the side (didn't find it interesting enough). So it is NOT a stretch at all to assume that someone who wants to debunk a statement made on the basis of the boring standard subject of economics, the supply and demand relationship, has heard about it! If not, it would be even worse for his statement.

foota 10y ago

Presumably by subsidizing the housing. Housing is interesting, because what really affects the market is housing stock, not housing investment. But of course housing investment over time builds housing stock. edit: This wikipedia article proved interesting. https://en.wikipedia.org/wiki/Real_estate_economics https://en.wikipedia.org/wiki/Real_estate_economics