11 ms·
you would create a horrible housing market where at first very few living in rural areas could aford a home there. killing the middle class in those towns, whic
by smegger001 5y ago
you would create a horrible housing market where at first very few living in rural areas could aford a home there. killing the middle class in those towns, which would in turn cause the high earners (doctors lawers business owners)to leave as there would be no one that could afford their services, that would then drop the market after they left but all that would be left are the poor now with no jobs.
essentially you would be creating a inverse-gentresizing where the middle class leaves then upperclass leaves creating a ghetto.
- octokatt 5y agoI’m not sure where the leap from “create regulation” to “run-away housing prices” happens. That’ll happen in a growing city, but the effect tends to be a little lower in rural communities, particularly if regulation is tightened around expansion and lowered around densification.