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Putting the contradiction of an "affordable investment" aside and looking at the high prices: couldn't local governments change zoning laws to encourage buildin
by mevile 8y ago
Putting the contradiction of an "affordable investment" aside and looking at the high prices: couldn't local governments change zoning laws to encourage building more homes to lower prices? More supply lowers prices right?
- MrMorden 8y agoThey could, but they don't want to.
- bendmorris 8y agoThey certainly could, but they'd be fighting the, generally very politically active, current homeowners every step of the way. Increasing supply will reduce their property values. Proponents of building more housing need to step up their political activism to match the NIMBY crowd.