‘High end apartments/properties will free up apartments/properties at the lower end of the market’ 1936; 1979; 2019.

9 comments

1. https://twitter.com/davidjmadden

2. The [overwhelming research consensus](https://escholarship.org/content/qt5d00z61m/qt5d00z61m.pdf?t=qoq2wr&v=lg) is that this is true, but I suppose what kind of nerd uses actual data instead of 80 year of evidence-free quotes they found on Twitter?

3. I suppose margins are higher if your selling something as ‘high end luxury’. But it is very interesting to see the parallels.

4. The famous socialist and marxist scholar Joe Biden just said the same thing yesterday…when will these leftists ever learn?

5. America: “trickle down economics will work”

   Ireland: “trickle down housing will work”

   History: “what exactly do you think we were doing before the modern social movement”

6. The problem is that we don’t need a trickle, we need a flood. Slowing the rise in rents over several years and then bringing them down over the net several isn’t good enough to save a generation; we need them to collapse from where they are now and we need that to happen quickly. Mass building of social housing combined with strict rent controls seems by far the quickest way to achieve that.

7. Trickle-down was a scam from the start.

8. Ireland needs thousands and thousands of everything. Those excerpts actually make sense if supply and demand are reasonably in balance.

9. “This quote from some left wing ideological publication supports my left wing ideology!”