A well-researched video that explains why some dense urban areas are quite expensive.

TL;DW: Despite a substantial historic housing stock, our most expensive cities have built very little housing in recent years, leading to very low vacancy rates and high prices. Ramping up housing construction will be a necessary part of solving the affordability crisis.

  • @LibertyLizard I did watch it. Like most videos of its type, it throws up a bunch of relevant-seeming statistics uncritically. You cannot make a bare comparison of rents between cities with wildly differing income structures and land values.

    Did the author not wonder why Philadelphia and Pittsburgh are so low on the list, despite being highly desireable places to live?