2 ms·
Housing externalities of cities decisions to for instance build offices while not adding sufficient housing is not limited to that city, essentially pushing tho
by asabjorn 9y ago
Housing externalities of cities decisions to for instance build offices while not adding sufficient housing is not limited to that city, essentially pushing those externalities onto surrounding cities and having them pay the housing as well as infrastructure cost. As proven by our current long-lasting housing crisis this is not a good medium to long-term solution.
Because cities are too fine grained for containing most externalities office/housing/infrastructure decisions it is appropriate to move some housing regulation up to the state level as it is one step up from cities, and therefore the best place to coordinate between cities.