The supposed success story of Austin illustrates the failure of market urbanist policies to achieve real affordability
Rent will always be 30% of the marginal renter's income. Of course your graph just hovers around 50%. Since new households are created/destroyed as the margin moves up/down.
what and what?
Rent will always be 30% of the marginal renter's income. Of course your graph just hovers around 50%. Since new households are created/destroyed as the margin moves up/down.
what and what?