3 ms·
Zoning is particularly tough as the people who would benefit most from improved cities often don't yet live there and can't vote. Thus, the agencies that regula
by rcpt 8y ago
Zoning is particularly tough as the people who would benefit most from improved cities often don't yet live there and can't vote. Thus, the agencies that regulate zoning are effectively captured by local residents who, for completely rational concerns about their uninsurable property values, push for lots of legislation designed to mitigate change.
I found chapters 6 and 7 of "The Captured Economy" by Lindsey and Teles to be the best exposition on this. They also detail a few ways one could change the system (eg. paying staffers more to attract better talent would make lobbyists jobs harder).