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Vastly increasing the housing stock by massively building upwards would knock down big city housing costs, but those who currently own real estate will fight th
by ytNumbers 6y ago
Vastly increasing the housing stock by massively building upwards would knock down big city housing costs, but those who currently own real estate will fight that and vote out anyone promoting such a solution. NIMBY. It's a shame, but it is democracy in action. The people who would benefit from lower rental costs need to get out and vote in politicians who will solve the "rent is too damn high!" problem.
- DoreenMichele 6y agoIt's more complicated than that, which is kind of a good thing. There are other avenues that have some hope of working.