Hacker News Reader

A story about the benefits of fiber optic cable over investment is often used to dismiss the harm caused by the late nineties internet bubble.

What do we have to show for our recent hosting bubble?

View on HN

The simple answer would be that a greater supply of homes means more people can afford homes in the long run (assuming relatively low population growth). But that is hugely dependent on which states/cities/neighborhoods you're talking about. The section of the world that this article is discussing apparently never gentrified like some of the neighborhoods surrounding it. Things tend to be different in highly urbanized cities like NYC vs. relatively open areas like the Inland Empire.

Reply on news.ycombinator.com