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Thanks. But as I suggested above, the same is happening in other countries, including mine, without these restrictions. And just as here, the report speaks of v
by jahaja 8y ago
Thanks. But as I suggested above, the same is happening in other countries, including mine, without these restrictions. And just as here, the report speaks of various tax and cash incentives etc, basically profit guarantees, needed to get private companies to build affordable housing. So to suggest that zoning restrictions are the core issue doesn't seem to hold water, even though I won't deny that it may increase the problem in the US.
Not sure how you can use such assured language when the very next line in your last cherry-pick about the GDP is this:
> This estimate is tentative, and would imply that some cities would see counterfactual employment increases of a significant magnitude resulting from reduced housing restrictions
- CryptoPunk 8y agoStockholm has a severe housing shortage due to government restrictions like rent control: https://amp.theguardian.com/world/2015/aug/19/why-stockholm-housing-rules-rent-control-flat https://amp.theguardian.com/world/2015/aug/19/why-stockholm-... Zoning seems to be the biggest problem in the US. I don't know how much it contributes to housing shortages in other countries.
- jahaja 8y agoSigh, so you googled up an interview with a representative from Fastighetsägarna (literally translated "The property owners") and conclude with confidence that government restrictions is the reason. These were in place during the time of my anecdote as well.