00:01
All right, we are doing problem number 48 from chapter 3.
00:06
It is asking, can you propose a policy that would induce the market to supply more rental housing units? in short, here's your market for rental housing.
00:17
We want it to go from looking like this to looking like this.
00:24
Let me make this s2.
00:27
Okay, cool.
00:28
So what are some things that are going to increase supply in any.
00:33
Situation you could see a tech increase you can see in fact you know let me just write this i'm going to type it instead of having my abysmal handwriting on the screen so tech is one what else is going to improve it maybe some sort of innovation i guess you can we can call tech slash innovation we can call it new firms entering and maybe some sort of like government regulation.
01:17
Okay.
01:18
So what's an example of a tech slash innovation? just, you know, just spitballing here.
01:23
Maybe something that makes it easier to build more houses.
01:27
Something to make it easier to build more houses like, i don't know, some sort of new machine that is very quickly able to build houses...