If you keep building and prices go down, those actors leave the market with a loss in capital.
Building is a win win. Prices go down and rich people who have been fucking you lose money. They are only doing it because supply is constrained and it is east money.
If you keep building *faster than the market consumes…
Property owners do not -want- low property value. If they can afford to artificially increase demand, they will always do so. It is always in their best interests to do so.
If you keep building and prices go down, those actors leave the market with a loss in capital.
Building is a win win. Prices go down and rich people who have been fucking you lose money. They are only doing it because supply is constrained and it is east money.
Fix root causes.
If you keep building *faster than the market consumes…
Property owners do not -want- low property value. If they can afford to artificially increase demand, they will always do so. It is always in their best interests to do so.