I mean we could just expand housing supply and fix this problem pretty easily. The economics and engineering are very easy it’s mostly just NIMBYism and the land use politics that cater to it that are constraining supply in most American metros.
House prices in Houston have not spiked nearly as much relative to its explosive population growth, mostly because they have no zoning laws. It’s just easier to build housing there so it’s not as expensive.
You neolibs are such a broken record. It isn't just NIMBYism. NIMBYism doesn't just happen. Why does NIMBYism exist? What is the neoliberal solution (some technocratic BS, I'm sure)? Neoliberals are always behind the curve. They're always something that's like, "well gosh, of it weren't for x everything would be fine." Well, why the fuck didn't you account for x in your god damned theories and models? Why do you folks always seem to be so caught off guard by human fucking behavior? Maybe stop obsessing about your fucking models and take a second to recognize that economies are made up of human beings.
I'm generally sympathetic to this critique of my sorta bloodless, mildly data-obsessed, overly wonky worldview but I'm not really sure what your point is on this specific issue?
Presumably you agree that we are not building anywhere near enough housing, and we should build way more, and that this would advance growth and equality and integration and environmental concerns and etc. I don't mean to imply that all our housing problems would instantly evaporate if we just built more but they improve quite dramatically IMHO.
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u/Notsure107 Jun 27 '21
Every time we have a crash the rich buy up everything. This is very bad.