3 ms·

> I think you're sort of burying the lede when mention the 'cost of the land' Not at all - you wanted me to answer or address a different topic than the previ

> I think you're sort of burying the lede when mention the 'cost of the land' Not at all - you wanted me to answer or address a different topic than the previous poster. They wanted to understand the difference between commodities. My main point was not just about cost, but about the difference in production as well as a nuance around regulation. In my market, land costs while important are not the gating factor in whether something can be developed. I do real estate and politics for a living, but I can’t quite wrap my head around the rest of your point. I think you are advocating for some kind of government reallocation or loosening of property rights, which makes me very uncomfortable but also would not be anywhere near how I would fix housing in my state.

pasabagi 3y ago
> I think you are advocating for some kind of government reallocation or loosening of property rights I'm really just drawing attention to the fact the relevant property rights (what you can build, who can live there, how much it is worth relative to other things) are the product of continuous government intervention (planning, consultations, law, etc). Further, the government has basically free reign to legislate however it likes, unlike regulating conventional industries (automakers, etc). My point is not that the government should just seize all inner city land - that would work, but it would also work to just rebalance the right to own land against the right to shelter in planning law, then use existing procedures to work out the consequences. For instance, one thing that could help would be to obligate developers to increase the number of housing units on a residential site if they redevelop.