6 ms·
Younger people need to join the YIMBY movement in droves. Your economic future depends on removing the crushing restrictions on building new homes, especially h
by BenFranklin100 2y ago
Younger people need to join the YIMBY movement in droves. Your economic future depends on removing the crushing restrictions on building new homes, especially homes in high wage cities. The older Boomer generation will never change its NIMBY views. Never.
- RobotToaster 2y agoSo developers can build more low density unaffordable housing that includes nearly no social housing?
- BenFranklin100 2y agoNew market rate housing gives wealthier people something to buy so they stop bidding up the price of older homes. This immediately relieves price pressure on the older housing stock. Leftist dreams of a government funded social housing utopia in the United States and the UK are just that: dreams. Reforming zoning on the other hand will strongly encourage developers to quickly add higher density housing in job rich urban areas.
- tootie 2y agoHouse prices are supply and demand. More units, lower price. Imagine 1000 homebuyers for 950 houses. Capitalism says the houses go to the top bidders. Communists might use social credit or something. Technocrats might score on IQ. But there is no system that could possibly result in fewer than 50 people being homeless.
- jncfhnb 2y agoThey will die though
- BenFranklin100 2y agoBoomers are choosing to age in place and the youngest Boomers are in their late 50s. Do you want to wait 20 years?
- micromacrofoot 2y agolife expectancy in some cities is closer to 80 now, some millennials will be buying their first houses in their 50s
- toomuchtodo 2y ago1.8M/year (55+ cohort) is potentially not fast enough to bring about housing policy change in a timely manner from this alone. Non market housing is also a necessary component besides YIMBY. Housing locked up from market forces is housing that can remain affordable. Vienna is an example: https://hn.algolia.com/?dateRange=all&page=0&prefix=true&query=Vienna%20housing&sort=byDate&type=comment https://hn.algolia.com/?dateRange=all&page=0&prefix=true&que...
- jncfhnb 2y agoI think you’ll find the real problem is that younger homeowners face the same incentives as old ones
- toomuchtodo 2y agoI am a younger homeowner and am aggressively YIMBY. YMMV. Could not care less about value appreciation, it is housing, not an investment.
- BenFranklin100 2y agoIf you own a SFH, you might even make a bundle someday by selling your land to a developer who puts in denser multi family.
- toomuchtodo 2y agoAdditional wealth does not appeal to me, affordable housing does. That bundle has very little value if I’m a contributor to the problem.
- BenFranklin100 2y agoBy selling your single family home to a developer who puts many homes on the same lot as your former SFH, you will be helping solve the problem.
- _heimdall 2y agoIn addition to others point out the timing issue, in many cases you'd end up buying a home that has been lived in for 40 years and is likely well due for expensive updates. Sure its a house and that's not nothing, but it may not really help with the "affordable" part that's missing today.
- tootie 2y agoIt's actually getting a foothold in American politics. https://www.semafor.com/article/05/23/2024/is-congress-having-its-yimby-moment https://www.semafor.com/article/05/23/2024/is-congress-havin... There is no solution that doesn't involve building lots more houses.
- switch007 2y agoThey're too busy protesting against Israel/Palestine. You know, those real, close to home issues for a student in Edinburgh