In one of my first posts, I explained what supply and demand really mean in economics. The supply and demand curves are functions which map quantities to prices, not quantities themselves.

Vienna was perhaps best known as the seat of the power of the Habsburg Empire, but in modern times it is better known as a large city with an extensive stock of public or government subsidized housing...

Mostly yes, with some caveats

You’ll notice a funny thing when you look at a list of states by median home price.

But also present risks for existing rate-payers

And make it tough for density to address affordability

By inefficiently allocating housing across space, it reduces the value of the housing stock.

It's just a deflated bubble

The much anticipated Rand Corporation report comparing multifamily housing in Texas and California came out in April 2025.

Housing costs have been incredibly salient in the zeitgeist since 2021.

Argentina’s President Javier Milei is a libertarian darling who abolished rent control by decree in late 2023 upon taking office.

Rising rents are needed for private multifamily development to deliver required rates of return and secure financing.

Not exactly, but land use rules did not prevent a solid building cycle which flattened rents.

SB 79 is now law, having been signed by Governor Newsom.

Every few weeks, a viral tweet blaming institutional investors incenses YIMBYs.

People in the YIMBY movement have at times asserted that upzoning magically reduces land prices, or at least the price of apartment-zoned land.

YouTube video by Prof James Ker-Lindsay