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Ideally the free market would take care of this. But homeowners have been able to hijack the market through rent seeking behaviours that tightly regulate housin
by jdavis703 8y ago
Ideally the free market would take care of this. But homeowners have been able to hijack the market through rent seeking behaviours that tightly regulate housing. It's very hard to break the market dominance of land owners. Until someone can develop a palletable political solution to do so affordable housing will have to be government mandated or provided.
Further there will always be a segment of the population who can't afford to house themselves (note this is much smaller than those who can't afford housing due to the dysfunctional market). As a society we should be looking out for people who need extra help.
Edit: I'm getting downvoted on this. That's fine, but can someone explain what I said wrong?
- DrScump 8y agocan someone explain what I said wrong? For one thing, you are assigning powers to "homeowners" that they do not have. Homeowners don't control zoning or other policy; politicians, and the bureaucrats they appoint, do. They could make noise at a council or planning commission meeting, but so can anyone else.