That is a capitalism chasing the bag problem, not a too much regulation problem.
It’s a too LITTLE regulation problem: most cities have regulations about what you can build where and x amount of housing being affordable.
They don’t tell you, but the regulations against replacing affordable housing with expensive condos are some of the ones the people behind YIMBY are most eager to get rid of.
I’m not saying slums… but look around the United States and see what states are monumentally cheaper to build in. Hint. It’s not blue states.
And I say that as a progressive in minnesota.
Blue states are more desirable to live in, thusly increasing demand. Though you’d need an education to understand economics 99, and it seems your state didn’t provide.
Yes. That’s why record number of people are moving to Idaho/Montana and Texas… because they are so undesirable.
