4 ms·

Thanks for the reply. We have pretty compelling historical evidence that the market does not solve this problem.

harryh 5y ago
It depends on what you mean by "solve." Can the market 100% solve all housing problems? No, probably not. Can the market solve A LOT more housing problems than it currently is? Yes, absolutely. The market is hugely constrained by government enforced zoning in a huge number of places right now. It's the primary housing issue of our time.
- deleted 5y ago
  [deleted]
- sagichmal 5y ago
  Zoning laws are not the thing restricting affordable housing supply, certainly not in Berlin and rarely elsewhere either.
  - harryh 5y ago
    I can't speak for Berlin, but it's basically illegal to build new housing in sufficient quantities in virtually every major American city. Due to this fact, prices have shot up everywhere. The entire state of California now has a housing crisis with > 30% of residents spending more than a third of their income on housing. Some estimates indicate that the US as a whole has underbuilt by around 5M units of housing. There are quite a few causes to this, but exclusionary zoning is definitely one of them.
  - kasey_junk 5y ago
    I don’t know generally that zoning laws are the problem in Berlin but famously voters fought against adding housing units at the old airport vs the communal parks that were there: https://www.google.com/amp/s/amp.theguardian.com/cities/2015/mar/05/how-berliners-refused-to-give-tempelhof-airport-over-to-developers https://www.google.com/amp/s/amp.theguardian.com/cities/2015... It certainly seems like voters are prioritizing things besides affordable housing and getting what they want (expensive rent and nice parks).
    - sagichmal 5y ago
      I don't think you can generalize from that specific scenario to your broad claim. It is not necessary to usurp famous city landmarks to offer affordable housing. Berlin is large and underdeveloped.

It depends on what you mean by "solve." Can the market 100% solve all housing problems? No, probably not. Can the market solve A LOT more housing problems than it currently is? Yes, absolutely. The market is hugely constrained by government enforced zoning in a huge number of places right now. It's the primary housing issue of our time.

deleted 5y ago
[deleted]
sagichmal 5y ago
Zoning laws are not the thing restricting affordable housing supply, certainly not in Berlin and rarely elsewhere either.
- harryh 5y ago
  I can't speak for Berlin, but it's basically illegal to build new housing in sufficient quantities in virtually every major American city. Due to this fact, prices have shot up everywhere. The entire state of California now has a housing crisis with > 30% of residents spending more than a third of their income on housing. Some estimates indicate that the US as a whole has underbuilt by around 5M units of housing. There are quite a few causes to this, but exclusionary zoning is definitely one of them.
- kasey_junk 5y ago
  I don’t know generally that zoning laws are the problem in Berlin but famously voters fought against adding housing units at the old airport vs the communal parks that were there: https://www.google.com/amp/s/amp.theguardian.com/cities/2015/mar/05/how-berliners-refused-to-give-tempelhof-airport-over-to-developers https://www.google.com/amp/s/amp.theguardian.com/cities/2015... It certainly seems like voters are prioritizing things besides affordable housing and getting what they want (expensive rent and nice parks).
  - sagichmal 5y ago
    I don't think you can generalize from that specific scenario to your broad claim. It is not necessary to usurp famous city landmarks to offer affordable housing. Berlin is large and underdeveloped.