3 ms·
Either deregulate to allow for developers to build more, or have the govt step in and build more. (Maybe even both) Nothing should stop housing from being an i
by hemloc_io 4y ago
Either deregulate to allow for developers to build more, or have the govt step in and build more. (Maybe even both)
Nothing should stop housing from being an investment in the same way that any good effected by supply and demand is, but there's a difference with the price of housing going up at at slightly over the rate of inflation and what we've seen the last couple years across the entire market. (Or even the decade before that in the bay area.) 10-20% a year rises in the COL is insane, and encourages rent seeking by current housing owners to the detriment of everyone else.
Public policy should favor the former, and punish the later.