4 ms·
The city is incentivized to increase housing supply, but the voters are not because their individual net worths are mostly in their home prices. Since a city is
by ipnon 3y ago
The city is incentivized to increase housing supply, but the voters are not because their individual net worths are mostly in their home prices. Since a city is really just a set of geographically constrained voters, housing supply decreases.
- dmazzoni 3y agoIn my city in California, developers are replacing old single-family homes with multi-family (apartments, condos, townhomes). It's great, it's needed. Every time a new development gets started in our neighborhood, Facebook neighbor groups explode. The older generations hate how it's ruining the character of the neighborhood. The younger generations ask where the fuck they're supposed to live when prices are so high. Thankfully, in the last few years it feels like the YIMBY voices are getting a lot louder.
- Gibbon1 3y agoA 12 unit apartment looks better than 12 tents surrounded by trash.
- jjav 3y ago> The city is incentivized to increase housing supply, but the voters are not I have difficulty understanding this often repeated assertion. I've been voting for over 30 years. I've never (to my best recollection) had a ballot question about increasing housing supply in my town. The town government is constantly approving (and sometimes rejecting) housing developments, but they have never asked me.