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Regulations like mandatory minimum lot sizes and density restrictions make it a lot harder for younger people to buy their own piece of the ownership pie, which
by so33 8y ago
Regulations like mandatory minimum lot sizes and density restrictions make it a lot harder for younger people to buy their own piece of the ownership pie, which creates scarcity, which in turn causes property values to skyrocket even further. I can’t help but see this as a form of regulatory capture.