>It will make sure that the poor and lower middle class don't get hosed and simultaneously make property a less attractive investment for foreigners or would-be

>It will make sure that the poor and lower middle class don't get hosed and simultaneously make property a less attractive investment for foreigners or would-be mansion builders. It will also make sure that you get enough leeway to build in all the corruption you want. Or at least all the NIMBYism you want. "Yeah, to build in this region you have to pay this huge tax unless you fill out this form and we approve." Any time you build an intelligent (read: complex) system you rely on the goodwill of the people that build it and maintain it to do what you want the system to do. This in turn gives those people great opportunities to take advantage of others.