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There is a question that nobody is asking: How can we increase the market to make it attractive for people to build? People think by increasing regulations on
by cauliflower99 8y ago
There is a question that nobody is asking: How can we increase the market to make it attractive for people to build?
People think by increasing regulations on house owners that this will be solved. This is false. Decreasing regulations allow more business men to invest in housing in the city. This increases competition in the long term, thereby bringing costs down.
Instead of increasing regulations on Airbnb letters, why not decrease regulations on renters and provide incentive?
- talideon 8y agoNo. The Irish government have been attempting just that and it's actually be exacerbating the problem. The solution is for the government to behave if a countercyclical fashion: if the market isn't doing its job, the government has to compensate for the market failure.
- JetSpiegel 8y ago> How can we increase the market to make it attractive for people to build? The title of this submission mentions 30k EMPTY houses sitting idle, and the solution is build more?