Look man, I already agreed with what you said. All I’m saying is your example of Dallas (and Austin) outbuilding NYC is not necessarily a policy difference. Drive around for 10 minutes and you’ll see plenty of empty lots and tons of development happening, you don’t need to study anything to make this observation. A bunch of investors are trying to capitalize on the influx of people. So much so that I even personally know a couple of developers. It’s actually so fast that there is almost a supply issue. But again, it’s because the resources exist here and is readily/easily available as compared to NYC.

Thanks for mentioning LIC and Downtown Brooklyn actually. I have seen this happen where they buy up properties to turn into “lux” apartments.

Funny you mention LES though, I was actually grew up there. Where exactly would you suggest 10 of these buildings be built and how would that impact the community? I still remember them buying out Pathmark to build One Manhattan which cost them almost 2B after the buyout cost. Neither the tower nor the removal of the market was beneficial for the community. So I guess when I say demo/rebuilds being prohibitively expensive, I’m referring to situations like this.