3 ms·
In New Zealand, if you installed certain new fangled plastic plumbing a few decades ago, you house may now be unmortgagable for a new buyer because it's been si
by lopmotr 9y ago
In New Zealand, if you installed certain new fangled plastic plumbing a few decades ago, you house may now be unmortgagable for a new buyer because it's been silently spraying water inside your walls for years. 20 years ago there was also a rush of monolithic cladding, now many of those houses are silently rotting due to invisible leaks into the walls. Fun new construction does reduce costs but can ruin people many years later if it's too wild west.
- nickik 9y agoFor this to be a good argument you have to assume that the regulater understands all of these things and makes systematically better choices then the people who build the houses. Or it would require qualifing all materials before being uses. That would increase time before deployment massivly, making new devlopment less attractive. Economist talk about 'permissionless innovation' being incredible important for progress.