3 ms·
Yes this article makes some good points but the rhetoric is all wrong. Here, this guy says it much better than I can: >Home is where the cartel is. I use the w
by frgtpsswrdlame 9y ago
Yes this article makes some good points but the rhetoric is all wrong. Here, this guy says it much better than I can:
>Home is where the cartel is. I use the word “home” not “housing” advisedly. Homeowners understand their actions not as monopolizing the housing market but as protecting their homes and neighborhoods from the market. The libertarian “deregulatory” rhetoric by which market urbanists sometimes make their case is counterproductive. Telling people to think of their homes as a commodity upon which market forces should be brought to bear in order to ensure production of housing services at competitive prices is obtuse. People purchase property, rather than renting, largely to gain security and control, to escape the vicissitudes of the market. The worst place to emphasize “deregulation” is in dense urban environments, where almost every sort of action has spillovers.
Policies like up/rezoning which decrease current home prices in order to lower rents are directly redistributionary and I think you have to make your case in those terms and I just don't find redistribution on the basis of age that convincing.
http://www.interfluidity.com/v2/6287.html http://www.interfluidity.com/v2/6287.html