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The problem is that homeowners see their house as an investment, and therefore expect it to accrue value at a predictable rate, and so they'll fight tooth and n
by pharrlax 10y ago
The problem is that homeowners see their house as an investment, and therefore expect it to accrue value at a predictable rate, and so they'll fight tooth and nail against housing availability in the city.
We basically need to bring the hammer down at the state and federal level on urban NIMBYs, because it'll never happen if left up to city councils.
- innocentoldguy 10y agoThe reason rent in the cities is so high is that people are already renting/buying the available places to rent, so there is a scarcity. It isn't like all these places are standing vacant, waiting for government to force down pricing so people can move in. People have already moved in. The city is fully occupied. All you'd accomplish by forcing property owners to lower their rents, via amoral means I might add, is getting the people who already live there a better deal on their rent. You haven't really solved anything at all, pertaining to the content of this thread, have you?
- kazagistar 10y agoThere are plenty of ways to lower costs... If you remove density restrictions and bad zoning laws, some developer will eventually buy up enough low density housing and build much higher density appartments (or local stores), especially if subsidized.
- JoBrad 10y agoThing is, density restrictions help neighborhoods survive extreme growth. Connection to your neighbors, and retention of the qualities that attracted you to the city in the first place are vital for a city to retain their population. Regulation certainly needs to be updated, but favoring density is not always a good thing.
- Arizhel 10y ago"Connection to your neighbors"? When low-density housing means that houses cost several million dollars apiece, that means you're trying to preserve the "uniqueness" of the city center for a bunch of millionaires. I fail to see why I should care about them.
- JoBrad 10y agoLow density housing doesn't mean million dollar pricing in a lot of cities. When a neighborhood of single-family homes is torn down to make duplexes and condos, the connection between neighbors is certainly broken. The neighborhood can also lose the appeal that drew residents in the first place.
- wott 10y agoThey will build high... as long as the price and rent remain high. It the price and rent stop raising and go down, they stop building high. Especially considering that building high is more costly, prices have to stay very high to justify building high. Building high / high density does not really lower market prices, that would kill the reason for building high.
- SaintGhurka 10y ago> We basically need to bring the hammer down That's a surefire way to galvanize your opposition. If you make the cities a nice place to live people will move there. If you turn the screws on them to try to control them they will go to war with you and you will lose.
- chc 10y agoWhat the GP means by "bring the hammer down" is basically "make places for people to live." People will very obviously not move to a place where there is no place to live.