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> But housing has been built and is being built. We dramatically slowed-down homebuilding after 2007, and have *NEVER* recovered. https://www.census.gov/econ/
by dragontamer 3y ago
> But housing has been built and is being built.
We dramatically slowed-down homebuilding after 2007, and have *NEVER* recovered.
https://www.census.gov/econ/currentdata/?programCode=RESCONST&startYear=1959&endYear=2024&categories[]=APERMITS&dataType=TOTAL&geoLevel=US&adjusted=1¬Adjusted=0&errorData=0#table-results https://www.census.gov/econ/currentdata/?programCode=RESCONS...
Note that our population has been growing at much faster rates than housing. So the overall trend is inevitable: fewer housing units than our population growth means that we will just have more expensive houses.
There's simply not enough houses for everyone.
- seanmcdirmid 3y agoOur population isn’t growing fast (.1% excluding immigration), but it is becoming more concentrated in fewer popular cities. Those cities of course, there is not a house for everyone, but there are plenty of houses in unpopular cities. So we don’t have a residency system in the states, so everyone is free to live wherever they want, only supply of housing being a limiting factor in where they want to move (which we use the market to sort out).
- dragontamer 3y ago> Those cities of course, there is not a house for everyone, but there are plenty of houses in unpopular cities. So build houses where people want to live. As I already said earlier: the problem is that we stopped building houses at respectable rates. Its going to be a decade before we catch up to where the population wants to live.
- the_gipsy 3y agoWhat happens when you build houses where people want to live? More people want to live there.
- dragontamer 3y ago> What happens when you build houses where people want to live? You create immeasurable value, wealth, and dignity to hundreds, thousands, or even tens-of-thousands of people. So we should do that. Full stop.
- seanmcdirmid 3y agoEverybody deserves a luxury condo in SF? This is not going to end well, even the communists decided this was a bad idea. Full stop.
- dragontamer 3y agoWhen did I say luxury condo? I'm pushing for trailer parks (aka, low end housing), and other cheap forms of housing most of all. Townhomes or Multiplexes as well. Cheap, dense, highly deployable. There are other forms of dense housing (multiplex units) and whatnot as well. People don't necessarily need the best house per se, but having at least a crappy housing market that's vibrant and healthy is hugely important to the lower class.
- seanmcdirmid 3y agoSo something like Hong Kong's old Kowloon Walled City? I mean, its been tried, slums and shanty towns exist in spades in other countries. I don't call that living. Or if you want better than developing world, the Parisian suburbs, where...only a few cars are lit on fire a year now.
- dragontamer 3y agoYou're going to get the Shanty Town whether you like it or not. https://www.kqed.org/news/11966960/san-francisco-is-clearing-homeless-encampments-ahead-of-apec https://www.kqed.org/news/11966960/san-francisco-is-clearing... Low-cost housing solves the worst-of-the-worst problems. Its better for the poor to live in cheap rowhomes or trailer-parks than for them to be roaming the streets at night in de-facto homeless encampments.