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So you're telling me that the government should build millions of new units in NYC, until they control 40% of the market? Am I understanding that correctly?
by missedthecue 4y ago
So you're telling me that the government should build millions of new units in NYC, until they control 40% of the market? Am I understanding that correctly?
- treeman79 4y agoI think he wants the government to seize housing from others. Which will ensure that absolutely no one develops anything in that state again
- martin_a 4y agoBullshit. Vienna hasn't seized those properties, they just invested and built them themselves. NYC could to the same.
- throwaway5959 4y agoIf the private market won’t do it, why not?
- rglullis 4y agoBecause the private market can't do it. When most cities in the US have 80%+ of its land zoned for single-family units, developers can not build anything other than expensive McMansions.
- Swizec 4y ago> cities in the US have 80+ of its land zoned for single-family units How is that even a city? Single family zoning is a suburban desert at best. Even remote villages have more life and vibrancy than that.
- gamegoblin 4y ago80% of Seattle is zoned for single family units. It's not exactly a suburban desert, but it could be much better. Unfortunately, even very limited legislation (HB 1782) allowing upzoning to duplexes/quadplexes ("missing middle" housing) within walking distance of public transit hubs failed earlier this year. NIMBYism abounds.
- missedthecue 4y agoDon't forget parking minimums, rent control, environmental studies in excess of what is needed, and the endless town-halls full of people trying to veto change. All this just to build an apartment complex. You have to retain half the state bar to build anything around me and consequences are evident in the rent prices.
- jefftk 4y agoMost of Manhattan is built out to the maximum allowed by zoning, but we could raise those limits
- kuschku 4y agoSeize the less developed parts, and build high-density affordable housing there. Yes, that’s the only action that’d have a chance at solving this issue.
- jbverschoor 4y agoCreate better and cheaper transport and the problem will go away