Weaponized shelter: a website that lets tenants bid against each other for apartments, in 1000 cities

[wait_really]

@gellfex

Imagine the free market. High rents attract developers, who unrestricted by zoning and density laws risk their capital to build new housing to meet that demand. They keep doing till equilibrium is reached, the rents drop till building more is less attractive. This is what happens in most industries, high price results in more supply till equilibrium.

The major problem with this hypothetical is that equilibrium never lasts.