4 ms·
Different people like different things
by redisman 5y ago
Different people like different things
- davidw 5y agoThis is the entire point! Let the market provide the different things people want. No one is telling ranchers in Montana that they have to live in a walkable neighborhood in San Francisco. But most places do have laws on the books preventing more of those kinds of walkable neighborhoods from being produced for those that prefer that.
- colechristensen 5y agoBut it’s not an option when investors buy up and chase away people who want to be where they are the way they are. It’s a race to the bottom for the most density. It isn’t people building what they want for themselves but investors incrementally getting people accustomed to less and less for increasing amounts of money. If you zoned more places to be walkable and lowered rent for the kinds of places people wanted to walk to you wouldn’t have to cram people into a few desirable places.
- davidw 5y agoI get your worry, but I think you have some of the cause/effects backwards. Investors invest in places that do not allow enough housing. The best way to stick it to the investors is to produce abundant housing. https://www.vox.com/22524829/wall-street-housing-market-blackrock-bubble https://www.vox.com/22524829/wall-street-housing-market-blac... > If you zoned more places to be walkable and lowered rent for the kinds of places people wanted to walk to you wouldn’t have to cram people into a few desirable places. Yes, we should absolutely relax zoning! But rents are set by the market, by and large. You drop them by allowing housing to be built to meet market demand.
- sagarm 5y ago> buy up and chase away people i.e. make them an offer to buy their property which they, of their own choice, accept. > If you zoned more places to be walkable and lowered rent for the kinds of places people wanted to walk to you wouldn’t have to cram people into a few desirable places. I'm unclear on what your point is now. Lowering the rent means allowing supply to respond to demand (since we don't set market rent by fiat), i.e. allowing developers to make offers to buy parcels and upgrade them to higher density. Are you for this or not?
- spamizbad 5y agoI agree. So give us choice. Right now if you're doing a new housing start in the US it's going to be large and unwalkable.