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Mainly current homeowners. A constrained supply almost guarantees that your home value will continue to go up, especially if you're in a lucrative area. So home
by notaustinpowers 3y ago
Mainly current homeowners. A constrained supply almost guarantees that your home value will continue to go up, especially if you're in a lucrative area. So homeowners and well-connected people make sure that zoning laws and building regulations are very prohibitive to new construction housing.
- 908B64B197 3y agoI guess it's easier for local politicians to get poor people angry at "evil foreign tech giants" instead of actually solving the issue. That way they get to cash-in on votes from both groups!