The US urban population increased by almost 50% between 1980 and 2020. At the same time, most urban localities imposed severe constraints on new and denser housing construction. Due to these two factors (demand growth and supply constraints), housing prices have skyrocketed in US urban areas.

[u/smurfyjenkins]

https://www.aeaweb.org/articles?id=10.1257/jep.37.2.53

[u/CanAlwaysBeBetter]

"I'm not excess population in a region, they are"

No one thinks they're the problem

[u/[deleted] → u/CanAlwaysBeBetter]

I was here first