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> The market is so distorted by NIMBYs and regulations no regulation is just as bad as bad regulation. You want places where the population wants to live and c
by legulere 10y ago
> The market is so distorted by NIMBYs and regulations
no regulation is just as bad as bad regulation. You want places where the population wants to live and can live. This is actually a very hard problem.
And the free market won't solve it. The free market just creates investment objects to earn as much money as possible. High-rises are extremely expensive and don't lower rent prices. They might offer even lower population density. For example the Eixample district in Barcelona has a higher population density than manhattan.
[1]: https://en.wikipedia.org/wiki/Eixample https://en.wikipedia.org/wiki/Eixample
- CalRobert 10y agoManhattan has systematically reduced density through legal manoeuvres. http://www.nytimes.com/interactive/2016/05/19/upshot/forty-percent-of-manhattans-buildings-could-not-be-built-today.html?_r=0 http://www.nytimes.com/interactive/2016/05/19/upshot/forty-p...