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Comment by danhak

> Housing is a function of city council zoning policy...

This is the laughably reductionist take that predictably appears on HN when folks think the dynamics of San Francisco apply everywhere.

Housing costs have nothing to do with the Fed? Really? You don’t believe record low mortgage rates are driving demand at all?

Nah, it must be city council zoning policy that is sending home prices soaring all over the country—-even in rural and unincorporated areas.

parent danhak 5 years ago

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