3 ms·
Don`t know about London or Ny, but I see people complain of high rents in SF area, but they don`t want to fight stupid zoning laws that don`t allow the construc
by major505 8y ago
Don`t know about London or Ny, but I see people complain of high rents in SF area, but they don`t want to fight stupid zoning laws that don`t allow the construction of tall buildings, because it would "disfigure" the city.
I say, take the politics out, and let market decide what to do.
- 52-6F-62 8y ago(edit: I don't think it's so simple as that) I think we already know what the market would decide to do. Joni Mitchell sang about it some time ago...
- allengeorge 8y agoPeople do complain about high rents in NY and Toronto, but - and this is a big one - homeowners vote consistently and so politicians listen to them. I would _speculate_ that: 1. renters are more transient, so are less invested in the community 2. most people don’t make the connection between restrictive zoning policies and rent prices 3. It’s politically unpalatable to be shown as “against homeowners”, especially given how much ownership is prized
- mcguire 8y ago"renters are more transient, so are less invested in the community" This is the theory behind the US support for home ownership.