> Okay but what if we just let people build condos until people stopped buying them?
I guess the question is "let people build condos" ... where? What if there's a natural park? Or what if something is private property and the owner doesn't want you to build there?
Umm...many cities (SF, NYC, most of California, ...) have plenty of prohibitions on building condos that go far beyond “there’s a natural park there” and “the owner doesn’t want random people building condos on his property”.
Zoning laws basically prevent construction of condos even by the owners of the property in like 90% of the Bay Area, if not more...
I guess the question is "let people build condos" ... where? What if there's a natural park? Or what if something is private property and the owner doesn't want you to build there?