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Making construction easier just makes those guys lives easier, I doubt it'll result in more housing. Look at the red states with no regulations like Louisiana.
by BuckRogers 4y ago
Making construction easier just makes those guys lives easier, I doubt it'll result in more housing. Look at the red states with no regulations like Louisiana. They're terrible places to live. Nothing gets fixed with no/low regulation.
I do think his idea about high taxes on a 2nd+ home makes sense. The only problem with it is that it doesn't apply globally, only nationally. You'll have rich people have a palace in the US, Spain, and Australia instead of 3 in the US.
For my own life and approach to this, I moved around a lot and lived in austerity saving up money for a home. I don't want zoning laws to change at all because there's already too many multi-tenant buildings. Pull up the sex and gun offender maps, it's disproportionately those people. And I'm currently a tenant myself (while obeying the laws and having a clean record).
I'd rather see taxes on 2nd+ homes than zoning change. We already built 'out' with suburbs and have plenty of land available for developers to build on and make money. With the internet we no longer have to all live in a city either. It seems to me like his idea, minus the global snag, is generally on the right track.
But I am not a fan of multi-tenant housing near whatever home I purchase, just because of the sort of short-sighted people that often make up renters. They should be in homes anyway, not renting, in an ideal scenario.