Comment by greenie_beans

Comment by greenie_beans 3 days ago

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i no longer buy the YIMBY argument as the sole reason we have a housing crisis. it's a very convenient narrative if you work in/around real estate and a lot of smart people have been duped by it. we had no problem in the past building housing with current regulations: https://fred.stlouisfed.org/series/HOUST

to be clear, regulations is part of the problem in some markets but not everywhere. how are local regulations causing a housing crisis everywhere? this problem is happening everywhere, and local municipalities across the country didn't coordinate to cause this.

they stopped building after GFC bc it was too risky. market dynamics, the profit incentive, and now the cost for labor + material + borrowing costs is the problem.

this is a better solution: https://www.npr.org/2024/10/07/nx-s1-5119633/housing-crisis-...

energy123 3 days ago

  > this is a better solution
Public housing is very good, but I want to encourage a mindset shift. There are many plausible housing policies, and they are not in competition with each other. We should have public housing and we should follow the neoliberal abundance agenda and we should implement a LVT and we should do many other things. None of these policies somehow makes it difficult to implement the others. There's no tension. If anything they work in harmony. A LVT can be used to fund public housing, and neoliberal deregulations will also assist in making public housing cheaper for the taxpayer in terms of land use efficiency. If we care about housing, we need to get over these factional battles that only serve the landowning class.
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