You are viewing a single thread.
View all comments
38 points

Rent is only high because of artificial scarcity of real estate. The scarcity only exists because building new housing is decided neither by supply and demand nor central government planning, but by the people who accumulate more capital if housing isn’t built.

permalink
report
reply
15 points

We really need to push for the feds to step in and start constructing government housing against the will of the NIMBYs and local and state governments then.

permalink
report
parent
reply
6 points

California has finally started forcing local governments to build more housing to stop the NIMBYs bit it’s still going to take so many years for housing to catch up even if they start now.

permalink
report
parent
reply
1 point
*

: “Did you just suggest walkable communities with plenty of brownstone townhouses? Whoa WTF I love regulations now!”

permalink
report
parent
reply

World News

!worldnews@lemmy.ml

Create post

News from around the world!

Rules:

  • Please only post links to actual news sources, no tabloid sites, etc

  • No NSFW content

  • No hate speech, bigotry, propaganda, etc

Community stats

  • 5.7K

    Monthly active users

  • 11K

    Posts

  • 118K

    Comments