Image of the day: Homebuilding and prices
The space for "builds lots of housing, has high prices" is empty
There are cities that build lots of housing and where housing is cheap (green).
There are cities that build little housing and are expensive (purple).
There is no city in America that builds lots of housing and is also expensive. That giant red box is completely empty.
More recent data, from the same Twitter thread:
Lots of people asked for more updated data in this thread, so here you go courtesy of my pal @sadBusdriver. 2000-2019, same pattern.
Jeremiah Johnson 🌐 @JeremiahDJohns