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Are you suggesting some great conspiracy with developers and banks to make less money on purpose by fixing supply in order to have a working style that hypothet
by azinman2 3y ago
Are you suggesting some great conspiracy with developers and banks to make less money on purpose by fixing supply in order to have a working style that hypothetically benefits a few unrelated people?
- CalRobert 3y agoNo, I think that homeowners largely have the ability to make it illegal to build new homes near them, which makes them wealthier. Sometimes it's for reasons like noise, parking, etc. (though I don't really think "it's illegal for you to build a home here because I like free street parking" is moral, but that's another matter), but sometimes it's because new homes - especially apartments - are likely to reduce the cost of housing (aka "bring down my home's value"). If you own a home, you want as many people working as hard as they can to outbid each other when you sell.
- lotsoweiners 3y ago> No, I think that homeowners largely have the ability to make it illegal to build new homes near them, which makes them wealthier How do I get this power? I see this all of the time on this website and Reddit but as a homeowner for nearly 2 decades in multiple cities I have never felt that I have any influence over what gets built and don’t recall seeing anything regarding zoning or specific developments that were up for vote.
- CalRobert 3y agoVote for people who want to stop "Big Developers" from "Destroying Your Community" with "Condo Towers" (that are 3 story 4-unit buildings like the Victorians people love in Berkeley but whatever). Raise hell at every local planning meeting. Shriek about parking and traffic. Donate to same.