Comment 39193

By More roads (anonymous) | Posted March 26, 2010 at 18:59:55

Correction : "By buying up vacant and under utilized properties, the city would increase the demand side of the equation. When you increase demand and you hold supply steady, what happens to prices? They increase.

Actually meant to say...

By buying up vacant and under utilized properties, the city would decrease the supply side of the equation. When you decrease supply and demand holds steady, what happens to prices? They increase.

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