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Comment by bsder

2 days ago

The problem is that you don't generally destroy the used car in order to build a new one. So increasing the new cars on the road eventually also increases the number of used cars on the road.

> you don't generally destroy the used car in order to build a new one

There is very little de-densification construction happening in hot housing markets.

  • De-densification isn't required; a one-for-one knocking down and rebuilding of a single family residence suffices.

    • > De-densification isn't required; a one-for-one knocking down and rebuilding of a single family residence suffices

      Sure. The only reason developers do that is because land-use restrictions prevent the construction of denser, more-profitable and more-efficient housing.