This short ebook explains it extremely well: http://www.amazon.com/The-Rent-Damn... | Hacker News

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pchristensen on March 16, 2012 | parent | context | favorite | on: I'd Love to Move, but I Can't

This short ebook explains it extremely well: http://www.amazon.com/The-Rent-Damn-High-ebook/dp/B0078XGJXO...

Basically, prices are so high because that is where building supply is constrained.

This book http://www.amazon.com/Gated-City-Kindle-Single-ebook/dp/B005... explains the nationwide economic consequences of constraining housing supply (and thus rising prices) in the most economically productive areas.

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