3 ms·
It's a supply and demand issue. Zoning only makes things worse. Check Houston house price hikes in the past 3 years. Once investment funds arrived prices soare
by whatever1 2y ago
It's a supply and demand issue. Zoning only makes things worse.
Check Houston house price hikes in the past 3 years. Once investment funds arrived prices soared by over 2x in some areas. Still no zoning.
The solution is one. BUILD BUILD BUILD.
- worstspotgain 2y agoHouston's market is still "normal." It was normal before 1970 and has been normal since. Price spikes are also normal and intended. Over time, S&D will respond and bring them back in line. The solution is indeed build build build. The reason it didn't happen automatically in the first place is disingenuous land use laws like suppressive zoning.