4 ms·
Sorry, the "private market" had a chance to fix the problem but instead chose to squeeze tenants harder and harder for decades.
by CapstanRoller 3y ago
Sorry, the "private market" had a chance to fix the problem but instead chose to squeeze tenants harder and harder for decades.
- carom 3y agoHousing is more or less maxed out with respect to zoning laws in a lot of places. Those come from the government. Rezone to allow higher density and people will build. It is functionally illegal to build more housing.
- CapstanRoller 3y agoYes, because of NIMBYism. Existing property owners benefit from an undersupply of housing, so they lobby for restrictions in order to reduce competition which would drive down prices and rents.