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Housing is not the problem. Population is the problem. This is because the 'rich' people countries are having a population explosion despite the native 'rich'
by edmcnulty101 4y ago
Housing is not the problem.
Population is the problem.
This is because the 'rich' people countries are having a population explosion despite the native 'rich' people havong a negative birth rate.
You can do the math as to why.
Housing has never been this much of a problem up until the past decade or two.
- QuarterReptile 4y ago>Housing has never been this much of a problem up until the past decade or two. This is certainly untrue. Possibly housing has never been this particular problem in this particular place. Housing affordability plagued Germany of the early 20th century. Low quality housing of the type not possible to obtain in the US was widespread in US cities before the last 50-70 years. >Population is the problem. Misanthropic nonsense. Show us your 'math', if you're so sure of yourself. And better yet, state your underlying assumptions for all to see. >This is because the 'rich' people countries are having a population explosion despite the native 'rich' people havong a negative birth rate. Can you list these rich countries with 'population explosion[s]'? Population growth rate in the US is at its lowest since 1960 (start of the readily available data.) Considering the shift of the population toward the elderly in the rich welfare states like the US, we actually have a reckoning coming from too few working age people.
- edmcnulty101 4y ago> Housing affordability plagued Germany of the early 20th century You gotta reach back to over a hundred years ago to find an example? > Can you list these rich countries with 'population explosion[s]'? What the hell are you talking about? The population in the US is the highest it's been in history. You're using a bullshit metric like growth rate which is a percentage of constantly increasing number? 1% of 100 is the same as 50% of 2. Of course the growth rate goes down as the population goes up. The natives to the country have a declining birthrate. This is the responsible thing to do. This decreases the population and returns the US to a stable population density. If the US wasn't flooding the country with over a million non-natives every year both population AND housing would stabilize and NOT be a problem. Population is the issue or more specifically non-native population.
- Apocryphon 4y agoBefore you indulge in bargain bin Malthusianism and nativism, first consider the vacancy rates of housing in expensive metros. https://www.sfgate.com/bayarea/article/how-many-vacant-homes-are-there-in-San-Francisco-16822916.php https://www.sfgate.com/bayarea/article/how-many-vacant-homes... https://sfist.com/2022/02/01/report-10-of-san-franciscos-housing-stock-is-just-sitting-vacant-and-empty/ https://sfist.com/2022/02/01/report-10-of-san-franciscos-hou... Next, the housing shortages in other previously-afforded cities are being bought up by... other Americans, some moving from such expensive metros. That boom that happened during the pandemic might finally be reversing: https://fortune.com/2022/08/16/bubbly-housing-markets-are-shifting-historically-fast-austin-boise-las-vegas/ https://fortune.com/2022/08/16/bubbly-housing-markets-are-sh...
- edmcnulty101 4y agoThis isn't Malthusian. The world can support current population. Just the worlds entire populations wants to be in a small part of the world America or Europe for some reason. Which isn't sustainable and is destabilizing those places. The ultimate solution is to make other places desirable to live, which is confusing because the US and Europe are only a small portion of the worlds landmass.
- namlem 4y agoThen why did Japan face a massive housing bubble in the 1980s, despite low immigration? And why did their housing problem only go away when they reformed their zoning laws to allow people to build? Population is a negligible factor. Laws restricting land use are artificially constraining the supply of housing, and these laws have grown more common and more popular.
- edmcnulty101 4y agoWhy not both supply and demand? The reason the laws are needed is because the land is being overrun by people. Lifting the laws ruins someones neighborhood, keeping the laws makes it unaffordable to live there. The solution is just to have less people who want the land.