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Those holding the homes have an interest in making the problem worse. Those buying homes make the assumption of the problem getting worse. Those who complain ab
by matt3210 2y ago
Those holding the homes have an interest in making the problem worse. Those buying homes make the assumption of the problem getting worse. Those who complain about the cost will reverse their position when they buy.
The issue is that everyone involved wants the problem to get worse.
- sooheon 2y agoThis is why historically land reform occurred via revolution, not policy.
- J_Shelby_J 2y agoTurns out the housing theory of everything applies to youth support for trump in 2024.
- marcosdumay 2y agoI guess it wouldn't be a good theory of everything if it left this one out. That's not ironic, by the way.
- Schiendelman 2y agoThis is definitely true. Young people viewed the establishment as unsympathetic to their need for housing.
- loeg 2y agoToo cynical. There exist homeowners who don't want the problem to get worse, because, like, we live in a society. Rampant homelessness and nosediving birth rates are not to my benefit. My friends and kids will need to be able to afford housing.
- Schiendelman 2y agoIt doesn't really matter if a few of the homeowners want things to be better. It's a tiny percentage of the homeowners who want prices to continue going up who push all of the policy effectively.
- onlyrealcuzzo 2y ago> There exist homeowners who don't want the problem to get worse, because, like, we live in a society. There's hundreds of millions of homeowners. Obviously some exist that support basically every opinion imaginable. The vast majority of home owners want the "problem" to get worse, because it isn't really a "problem" for them - at least immediately and obviously.
- loeg 2y ago> The vast majority of home owners want the "problem" to get worse No; I am rejecting that claim.
- onlyrealcuzzo 2y agoWe can rely on voting evidence instead of claims.
- sooheon 2y agoEvidence: homeowners consistently and overwhelmingly vote for NIMBY policies in every jurisdiction around the world. Counterclaim: I reject.
- onlyrealcuzzo 2y agoThe solution to most of our problems is even bigger problems.
- directevolve 2y agoThat’s only the incentive if they’re recluses living in their last house. Many such cases. But if they own a $500,000 house and want to sell it to buy a $750,000 house, then a 10% increase in house prices costs them $25,000 net. Limited supply limits their options. They’re less likely to find a perfect fit and more likely to have to compromise.