link to original reddit post by /u/stiffy2005
Your policies do this. Directly.
All of the Democrats you vote for, who want central planning and lots of bureaucracy are to blame. They create these restrictive policies that limit development, and thus suppress supply below its equilibrium in all of these trendy cities you all want to live in.
No shit it’s drawing in investors and people who don’t live there. Investors want to make money in the context of the regulatory environment that exists. they will take advantage of an opportunity to invest in assets which will continuously be driven higher of by government fiat wherever it exists.
Not to mention all of the regulations and bureaucracy that exist around new development.
Unless you’re voting for people that want to relax zoning laws and regulations, I can’t take you seriously when you complain about this.