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I understand your willingness to attribute wrong behavior to the correct culprit. But, how does it come, that these procedures to get building permits have bee
by protoman3000 4y ago
I understand your willingness to attribute wrong behavior to the correct culprit.
But, how does it come, that these procedures to get building permits have been slowed down/bureaucratized to the point that it almost seems intentional?
Also, the anger is not about them intentionally shortening supply - it’s about them intentionally asking and taking the higher prices. Nobody forces them to take more than e.g. a 10% shortage signal markup, but we force people on the other side to wipe the floor with their dignity.
- swearwolf 4y agoIn many of the places that are the hardest to build in, like California, they are intentional. Those regulations were out there to slow down development as much as possible. The motivation behind doing so varied some; sometimes it was hippie’s concern about the environment, sometimes it was homeowners seeking to protect the character of their neighborhood, and sometimes it was the latter masquerading as the former. All of it was intentional.
- zemvpferreira 4y agoNo clue, but I will tell you as a property developer myself I would love to build more, faster. Everyone I know in the business would love to build more as well. Time from project to building permit here in Lisbon can stretch to two years and vast tracts of land close to infrastructure are considered unbuildable by the municipality for no good reason. Also consider that developers need the government to work with them on roads, subways, sewers and others to be able to build. In large parts of urbanised Asia where building more housing is encouraged this problem does not exist.
- nine_k 4y ago> how does it come, that these procedures to get building permits have been slowed down/bureaucratized to the point that it almost seems intentional? It is absolutely intentional. Those who already have serious realty want its value to go up. They don't want any new development nearby which would compete with their realty, or otherwise lower its market value due to becoming less exclusive. Completely incidentally, these same owners are well-off people who are ready to spend a lot of time and effort talking to the city hall, sponsoring election campaigns, etc.
- rgmerk 4y agoI've heard it argued that this is inaccurate in most cases; if you relaxed the regulations, the value of the properties would actually go up because you could sell to developers to build multi-family housing (townhouses or apartments) on land currently used for single-family homes. I'd also add that the financial angle is in my view sometimes overstated; a lot of people just like their neighbourhood as it is and wish it would stay exactly like that forever. And that's perfectly understandable, if unfair on all the people who didn't win the historical lottery and end up with a single-family house in a nice street in (say) Berkeley.
- marcinzm 4y ago>But, how does it come, that these procedures to get building permits have been slowed down/bureaucratized to the point that it almost seems intentional? NIMBY. Whomever owns the land/house right now wants it to go up in value which happens more if there is a lack of supply. >Also, the anger is not about them intentionally shortening supply - it’s about them intentionally asking and taking the higher prices. Nobody forces them to take more than e.g. a 10% shortage signal markup, but we force people on the other side to wipe the floor with their dignity. So in a free market if they sell for cost+10% then the first person they sell to will either rent it, airbnb it or sell it for market rates. The only difference is that now someone won a bit of a lottery versus the developer getting it. Of course they had to pay market rate for the land they built on so it's likely they're already selling at cost+N%.
- christkv 4y agoI’ve been waiting for 8 months in Spain for my building license and it’s been a constant back and forth of bullshit paperwork