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I 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 i
by davidw 5y ago
I 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.