i am confused about this mention of wanting to elastify the housing market... in that housing construction is sluggish in terms of satisfying demand for new housing. although this isn't strictly what price elesticity is... i am confused at how this is being blamed for rising prices. they are basically saying that a high demand isn't so much the deciding factor in increased prices, but the external factors relating to supply that cannot match that demand immediately. riiight. pretty sure it's just good old fashioned demand vs. supply.
