Category: rentals

In a phrase, slow supply asphyxiation

27 December, 2016 (09:00) | Apartments, Boojum, Demand, Housing, Markets, Ownership, rentals, Speculation, Supply, US News, Zoning, zoning-by-taste-police |

  By: David A. Smith   When water doesn’t flow downhill, we may reliably infer the existence of a catchment even if we can’t see it.  When markets don’t respond to sustained economic pressure, we may reliably infer the existence of barriers.    A while back, I caught a Wall Street Journal squib (December 16, […]