3 ms·

You speculate a lot in this post, but have zero citations to back it up. I'm explaining the basics of what we should expect to cause a nation wide housing crisi

by scoofy 3y ago

You speculate a lot in this post, but have zero citations to back it up. I'm explaining the basics of what we should expect to cause a nation wide housing crisis. Unsurprisingly, the housing crisis is nation wide. >In that case, it doesn’t matter if you build like crazy as in Beijing or Shanghai, or if you have minimal zoning like Tokyo or Houston, housing costs are going to soar because people will want to move there, and you won’t be able to satisfy demand without raising prices. This is objectively false.

seanmcdirmid 3y ago
> I'm explaining the basics of what we should expect to cause a nation wide housing crisis. Unsurprisingly, the housing crisis is nation wide. A nation wide housing crisis in a few select cities where people want to live? Or a "nation wide" crisis that you can't solve even by moving to Detroit or Bakersville? Because I"m pretty sure I started this with: > Why isn’t “go live somewhere else” a part of the answer though? Meaning, we all can't live in Seattle, LA, Portland, or San Francisco, so why make that a right that can't be satisfied? All of these are already dense cities by American standards, and its clear, looking at plenty of examples from around the world, that popular city densities can increase a long time before there is any real impact in the housing market (I don't think any popular city has tried building itself out of its own local housing crisis before...they just give up to the market eventually, or call for a fixed set of winners via rent control or national subsidized Singaporean flats). You are just refusing to see the obvious. Having lived in Beijing for 9 years and Lausanne for 2 years, I see absolutely nothing special about California’s housing market that exempts it from supply and demand economics that the rest of the world is forced to follow. > You speculate a lot in this post, but have zero citations to back it up. If you live in a glass house, it isn’t very wise to throw stones (i.e. you didn't provide any citations either).
- scoofy 3y ago
  > Because "go live somewhere else" is unsustainable in the long run. You want to ignore the underlying political problem with “go live somewhere else” and it is the only reason it’s being discussed in the first place.

by scoofy 3y ago

seanmcdirmid 3y ago

> I'm explaining the basics of what we should expect to cause a nation wide housing crisis. Unsurprisingly, the housing crisis is nation wide. A nation wide housing crisis in a few select cities where people want to live? Or a "nation wide" crisis that you can't solve even by moving to Detroit or Bakersville? Because I"m pretty sure I started this with: > Why isn’t “go live somewhere else” a part of the answer though? Meaning, we all can't live in Seattle, LA, Portland, or San Francisco, so why make that a right that can't be satisfied? All of these are already dense cities by American standards, and its clear, looking at plenty of examples from around the world, that popular city densities can increase a long time before there is any real impact in the housing market (I don't think any popular city has tried building itself out of its own local housing crisis before...they just give up to the market eventually, or call for a fixed set of winners via rent control or national subsidized Singaporean flats). You are just refusing to see the obvious. Having lived in Beijing for 9 years and Lausanne for 2 years, I see absolutely nothing special about California’s housing market that exempts it from supply and demand economics that the rest of the world is forced to follow. > You speculate a lot in this post, but have zero citations to back it up. If you live in a glass house, it isn’t very wise to throw stones (i.e. you didn't provide any citations either).

scoofy 3y ago
> Because "go live somewhere else" is unsustainable in the long run. You want to ignore the underlying political problem with “go live somewhere else” and it is the only reason it’s being discussed in the first place.