If you get caught in an apartment supply shortage that drives up prices in the area where you live. Or perhaps the area you are moving to is going through a growth spurt. No worries. The shortage won’t last long because, absent welfare statist “anti-growth” and “anti-sprawl” regulations, developers quickly take advantage of the chance to profit by embarking on new housing construction projects. And existing homeowners with space to spare jump in to address the temporary shortage. They may sign up with Airbnb or a similar broker, and the service is not shackled by the crony restrictions that hotel chains and community “activists” in our mixed economy often advocate. The resulting increase in supply ensures that prices rarely get out of hand.
Think Right or Wrong, Not Left or Right 