3 ms·
> The simple fact is we need to build enough dense housing to "devalue" the existing events in terms of their rent revenue, and the private sector will be loath
by varispeed 5y ago
> The simple fact is we need to build enough dense housing to "devalue" the existing events in terms of their rent revenue, and the private sector will be loath to do that.
Why this reminds me of treating workers as caged hen? Dense in the sense of building complexes of decent size family homes? That I could support, but building blocks of shoebox flats, should really be eliminated.
The supply of residential housing should be at a level, where buying or renting from a private sector could be considered an option, not a necessity. Local governments should be allowed to rent houses from private investors, but pricing should be strictly regulated, so that residential property is not viewed as an investment, but rather as a way of getting maintenance money for idle properties.
Residential property investment should be treated as carts and horses of economy and become the past.
- iamstupidsimple 5y agoIt's not families living in San Francisco. It's single, urban professionals and engineers. I don't like that people aren't really having families anymore, but just pretending that it's still the 70s doesn't exactly work either.
- Ericson2314 5y agoActually, many of your points are good, just not your first one > The supply of residential housing should be at a level, where buying or renting from a private sector could be considered an option, not a necessity. That's actually good. > Local governments should be allowed to rent houses from private investors Nah, there's no value for the private sector to add, and huge risk of regulatory capture here. We avoid NYCHA failures be saying public housing != low income housing. Allow the average rent to meet costs so public housing is self sufficient. Having average rent not meet costs is moronic politics, basically committing seppuku for the right. > So that residential property is not viewed as an investment, but rather as a way of getting maintenance money for idle properties. Also true! ------- > Why this reminds me of treating workers as caged hen? Dense in the sense of building complexes of decent size family homes? That I could support, but building blocks of shoebox flats, should really be eliminated. Saying density means less space for people is dead wrong! Less land space too, but taller buildings can mean bigger units. Back yards don't scale. Ensure people city and natural park access (which the Bay Area has lots of), and then build the buildings as big as possible to give people humane floor space. Ultimately it's single family homes that make people caged hens....in tents.