4 ms·
> For the exact same amount? The amount of stuff people have today has absolutely exploded The complete opposite for housing. How many yearly salaries was a ty
by diffeomorphism 4y ago
> For the exact same amount? The amount of stuff people have today has absolutely exploded
The complete opposite for housing. How many yearly salaries was a typical house then? How many yearly salaries (of two people!) is it now?
- imtringued 4y agoHousing is expensive because people want it to be exclusive.
- ipaddr 4y agoPeople want a house and similiar sized neighbour property owners
- remuskaos 4y agoPeople who already have a house may want it expensive, but even that is a double edged sword. People who don't already have a house certainly do not want them to be expensive.
- Dracophoenix 4y agoHousing is by it's very nature exclusive; every building with a roof and at least four walls is put up to keep out animals, the elements, and other people. Exclusivity on it's own has little to do with price. Desirability, mainly in terms of easy access to/production of vittles and lack of crime, is what influences the latter.
- Gigachad 4y agoBecause the cost of housing isn’t really based on productivity. It’s based on having more money than everyone else who wants to live in that area. Housing is very cheap in undesirable areas. Higher density property is the only way to put more housing in the same desirable spaces.
- pydry 4y agoDetaxing land (e.g. prop 13) deliberately created incentives to inhibit higher density housing. This plus growing wealth inequality kicked off the NIMBY revolution.
- throwaway0a5e 4y agoDon't forget zoning and environmentalism. If it weren't for those two tools NIMBY would be a lot less effective.
- dragonwriter 4y ago> Higher density property is the only way to put more housing in the same desirable spaces. Except it's not, because reduced housing density is part of what makes some of those desirable spaces desirable in the first place.