Affordable housing and the law of supply and demand

CC image from Thomas Hawk.

Some great articles on the challenges to affordable housing in high-demand cities over the past few days, worthy of some reflection:

San Francisco’s Housing Crisis Explained – an epic long-form article from Tech Crunch looking at just about every angle of San Francisco’s affordability issues. The Spectre Haunting San

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A machine to make the land pay

Cass Gilbert’s Woolworth Building. CC image from Wiki.

Cass Gilbert famously defined a skyscraper as “a machine that makes the land pay,” the kind of structure justified (and often required) by high land values. Gilbert’s distillation of the logic behind these buildings is inherently economic (hat tip to Kazys Varnelis):

Speaking of such enterprises

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