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> instead of addressing underlying economics (limited supply meeting increasing demand causing raising prices) by increasing supply... This is an economic solu
by IncRnd 9y ago
> instead of addressing underlying economics (limited supply meeting increasing demand causing raising prices) by increasing supply...
This is an economic solution. They chose to lower demand to keep prices down. If you would do something differently, say raise supply to keep prices down, how would you do that? Would you make more land? What would happen to people who you rezoned out of their houses?
- bobsman123 9y agoRezone to allow for more apartments and larger houses. It’s pretty simple.
- IncRnd 9y agoNow we are getting to the actual discussion. Of couse, land can be rezoned, but _why_ do that? Why is it a 'better' solution to increase supply through effectively removing people from their homes instead of decreasing demand through denying purchase of homes?
- wbl 9y agoYou can outlaw making homes, but if you don't outlaw making babies, where will the people live?
- IncRnd 9y agoWhere do they live now? P.S. Nobody is outlawing the making of homes. That's false hyperbole on your part.
- wbl 9y agoWhat do you think bans on duplexes, apartment buildings, and row houses do in a city?
- IncRnd 9y ago> What do you think bans on duplexes, apartment buildings, and row houses do in a city? What point are you trying to make? The article doesn't talk about people being banned from building houses but about a ban on foreigners purchasing homes.
- havetocharge 9y agoDid you read the statement you're replying to? The problem is not lack of land, but the way the land is utilised. This isn't unique to New Zealand either, Canada has done the same, rewarding established people who lived there for a long time and punishing newcomers, young, or otherwise not so well established.
- IncRnd 9y ago> Did you read the statement you're replying to? The problem is not lack of land, but the way the land is utilised. Yes, I did read the comment I replied to. I asked how supply would be increased, because I want to know how he would do that. Hence, why I asked him what he would propose. You didn't answer the question either, simply restating dissatisfaction with how people live. So, what would _you_ do to increase supply instead of decreasing demand?