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Capping housing prices will cause less houses to be built, which is the opposite of your stated goal. Look, if you want more housing we have to let developers

Capping housing prices will cause less houses to be built, which is the opposite of your stated goal. Look, if you want more housing we have to let developers build more housing. Many areas in the country put in restrictions like limiting the height of new buildings because it's 'nice' not to have the views of the sky by blocked by a new building. Well nice costs something, and in this case it's housing scarcity.

dheera 4y ago
> Capping housing prices will cause less houses to be built Not if you have the government build housing. We need something like Singapore's Housing Development Board (HDB) which keeps reusing the same architectural designs and elements for simple, functional, repeatable housing that just works. Singapore also has private-built condos, for those who want luxury, but the HDB flats are perfectly functional, dignified, clean, and comfortable. About 80% of Singaporeans live in government-built housing. Homelessness is almost nonexistent.