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You seem to think housing can be just created from nothing. That is fatal mistake in your thinking as no value is created from nothing. There has to be incenti
by perceptronas 7y ago
You seem to think housing can be just created from nothing. That is fatal mistake in your thinking as no value is created from nothing. There has to be incentive for somebody to build housing in order for it to be built.
Taxes will not discourage housing investment - they will be paid by renters as housing is driven by supply/demand. Why do we pretend we can regulate markets when all individuals (except unproductive government layer) benefit most if they are less regulated?
Deregulating house development will encourage many developers to build housing as there is huge demand for it. How come you offer looting other people before you offer removing obvious pillars for the developers?
- Red_Leaves_Flyy 7y ago> You seem to think housing can be just created from nothing. That is fatal mistake in your thinking as no value is created from nothing. There has to be incentive for somebody to build housing in order for it to be built. That's not what I said. >Taxes will not discourage housing investment - they will be paid by renters as housing is driven by supply/demand. Why do we pretend we can regulate markets when all individuals (except unproductive government layer) benefit most if they are less regulated? Maybe tax is the wrong word. Fines might be better. These speculators consume wealth without doing work. When someone would rather leave units vacant than charge rational rates they hurt the market. When an entire industry does this they are extorting the most vulnerable. People without the means to move. People on fixed incomes. The disabled, the sick, minorities, etc. This is unconscionable behavior that should be illegal. Are you in the business of home building? The industry itself is rife with bad actors. Code gets ignored to save 20 minutes or 20 bucks. Want to report it? Snitches don't get work. Deregulation will only hurt people. Housing code is like osha. There are graves behind housing codes. Perhaps you're talking about zoning regulations? Yeah. I'm fine with telling nimbys to get bent and building a 50 story apartment complex in their ocean view so that people have affordable places to live.