From Andrew Price of the Small

The term, in the broadest sense, refers to liberal residents of cities who, in principle, support increasing the supply of housing—just not in their neighborhood.Is increasing the supply of housing really the best way to make housing affordable.

From Andrew Price of the Small Towns nonprofit:When there is demand to live in an area, the market should naturally respond by increasing the supply of housing. Unfortunately, we restrict this, which drives up prices, and then we try to correct a problem that should have never existed with price controls—which hurts landlords, results in rationing, and drives up the price of the remaining supply of market value housing.In the Los Angeles Times, economist Christopher Thornberg put it in even simpler terms: You don't need a PhD in economics to understand this, referring to a report he wrote on California housing prices.

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