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There is plenty of evidence that housing supply is significantly limited by zoning regulations in lots of places. And in those places the little bit of construc
by harryh 5y ago
There is plenty of evidence that housing supply is significantly limited by zoning regulations in lots of places. And in those places the little bit of construction that does happen tends to be targeted to the top of the market.
So I'm not just making an analogy. I'm reasoning from the available evidence.
- dredmorbius 5y agoThe zoning laws aren't a product of government-en-vacuuo, however. They're the result of moneied interests, most especially real estate and banking interests, constraining supply. Government is the mechanism through which they act, not the source of the problem itself.
- harryh 5y agoThe interests in favor of zoning are almost all homeowners actually. Not sure if that is what you mean by "real estate interests."
- dredmorbius 5y agoSource?