“Even in the relatively short term, developers will respond to higher demand by building more units, so long as land-use policy is permissive enough to allow additional supply.
Vance acknowledges this point himself in his speech in referencing Austin, Texas.
Said Vance, “In Austin, you saw this massive increase of people moving in. The cost of housing skyrocketed. But then, Austin implemented some pretty smart policies, and that brought down the cost of housing, and it’s one of the few major American cities where you see the cost of housing leveling off or even coming down.”
If new supply can mitigate the upward housing cost pressure created by population growth in Austin, it can do the same for the country as a whole. That’s true even if it’s immigrants creating the population growth.”
https://reason.com/2025/03/11/j-d-vance-blames-zoning-immigrants-for-high-housing-costs