3 ms·
Better yet, the state needs to get out of the way of the private sector building things and let it create more supply. A friend of mine wanted to tear down and
by m0zg 5y ago
Better yet, the state needs to get out of the way of the private sector building things and let it create more supply. A friend of mine wanted to tear down and rebuild an old house he bought. Spent a year and a half trying to obtain all the permits and gave up. And that's a regular house on a plot of land that he already owns, the "easy" case. You can imagine what kind of insane bureaucratic hoops one would need to jump through to build anything that's "affordable" and therefore a little bit unconventional. My house tripled in value in 10 years. There's simply no way a glorified wooden box costs $2M. The "state" (and the restriction of supply) is the reason why.