Quote:
Originally Posted by badrunner
You totally missed the part about local market forces and had to go across the country for an example. In a free market, customer preferences matter. Local demand is mostly for SFHs with space and privacy. If the majority of the customer base wanted to turn California into Brooklyn then the free market will rise to fill that demand, and it will happen. Note that the "customer base" in this case is people with the means to buy. In a free market, their preferences matter, not those of housing activists and urban enthusiasts. The free market doesn't exist for the "greater good" or to house everyone who wants to live in California.
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But it's not local "market" forces. It's local "policy" forces. If they changed policy in any expensive Silicon Valley suburb to allow for different land usage, I guarantee you that lots would immediately be used differently.