Scott Alexander responds to criticism of his post on housing density and prices, refining but largely maintaining his argument that increased density can raise local prices.
Longer summary
Scott Alexander responds to comments on his previous post about housing density and prices. He addresses several key points, including whether density causes desirability, the role of jobs and amenities in city desirability, Chinese ghost cities, comparisons to Tokyo, accusations of misunderstanding economics, and opinions from notable experts. Scott refines some of his views but maintains his core argument that increasing density within a city can increase housing prices by making the city more desirable, while acknowledging this effect may be limited or outweighed by other factors in many cases.
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