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If we invent some sort of technology that lets us increase the housing supply we may be able to avoid this issue.
by anonymoushn 7y ago
If we invent some sort of technology that lets us increase the housing supply we may be able to avoid this issue.
- dredmorbius 7y agoCarpentry?
- sgt101 7y agoSocialism.
- wutbrodo 7y agoLol, imagine thinking that the undersupply of housing in US metro is due to the market having too much say.
- claudeganon 7y agoLol, imagine thinking housing serving as a speculative asset for global Capital doesn’t constrain and distort supply away from what is needed vs what provides the greatest returns for this class of investors.
- dredmorbius 7y agoThere are better ways of expressing this valid notion.
- dredmorbius 7y agoThat would be an economic or market structure, and may be a possible solution. I'm looking at LVT and land use regulation myself. My initial quip was to point out that (as I suspect @anonymoushn was alluding) the problem isn't technological. Rather it's one of incentives, politics, and market structure.
- sgt101 7y agoYes - agree. I am being provocative as well (HN doesn't like, but sometimes it's useful). This is a problem of policy and social engineering - technology can and will help, but it won't solve it.
- wongarsu 7y agoFrom a technological standpoint housing supply is a solved problem. Three story multi-tenant buildings with underground parking and public transportation work great, if that's not enough just build higher. Solving the political problem is much harder.