2 ms·
You're trying to make some kind of libertarian point, I'm talking about what real people are saying is really actually happening and what is needed. https://the
by th0ma5 3y ago
You're trying to make some kind of libertarian point, I'm talking about what real people are saying is really actually happening and what is needed. https://thehill.com/opinion/congress-blog/3499112-solving-the-housing-crisis-requires-long-term-federal-investment/ https://thehill.com/opinion/congress-blog/3499112-solving-th... ... You're saying that demand isn't high enough for them to justify spending the money? That's exactly my point but you're saying they are beholden to do nothing and blame the government when by your own logic they just want more money.
- AnthonyMouse 3y ago> You're saying that demand isn't high enough for them to justify spending the money? What I'm saying is that they passed laws that make increasing supply so outrageously expensive that demand has to remain at outrageously high levels to trigger construction. You can't get to reasonable housing costs that way because construction companies can't sustainably operate at a loss. You have to make it sustainable by not prohibiting construction where it's the most cost effective. > by your own logic they just want more money. Of course they want money. They have to pay for land and construction crews. But if you increase their costs by prohibiting them from building on the most cost effective sites, the amount they want before they'll be willing to do it goes up. Construction companies don't make anything by not building. But they also don't make anything if government regulations increase their costs above real estate prices. So every time you increase their costs with a new regulation, real estate prices go up -- and stay there until you remove the rule that keeps their costs high. (Or something causes demand to go down, which is typically only something bad.)