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There is plenty of housing at affordable prices all over America, in places with great outdoors access and other quality of life benefits. What’s pricey is hous
by throwawaysea 5y ago
There is plenty of housing at affordable prices all over America, in places with great outdoors access and other quality of life benefits. What’s pricey is housing in the most desirable and in-demand urban areas, which is expected. But no one is entitled to live wherever they want at whatever cost of living is convenient for their situation. The solution isn’t to turn every city and neighborhood into a super dense and dull concrete jungle, but to have a more distributed economy. America needs economic development zones with favorable tax treatments and subsidies to incentivize that distributed economy.
- imtringued 5y agoWhy not just demand that there is an equivalent amount of both residential and commercial real estate? The SF story basically goes like this. The locals block residential construction because its close by and may lower the value of their property. They don't block commercial construction because jobs raise property values. So now there is a mismatch of jobs and housing. The locals will then brag about how they made their city desirable and then reject and reprimand everyone who is moving to the desirable city. The problem is basically job hogging/hoarding. Housing only really becomes unaffordable when there are 2 people fighting over the same house because one of them has to go, for that rejected person the housing is unaffordable. It really looks like a simple case of supply and demand where supply is housing and demand is jobs.
- throwawaysea 5y ago> Why not just demand that there is an equivalent amount of both residential and commercial real estate? That’s an interesting way to look at it, and sure I can agree with that. I would be okay with not allowing the excessive job hoarding.