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Tell me you want overpriced shoeboxes without telling me you want overpriced shoeboxes. Some things just don’t work, because people are greedy. That’s mostly w
by shreddit 2y ago
Tell me you want overpriced shoeboxes without telling me you want overpriced shoeboxes.
Some things just don’t work, because people are greedy. That’s mostly why we can’t have nice things.
- arcticbull 2y agoThere’s absolutely a place in the market for small apartments. In fact the end of SROs is a large contributor to homelessness. But hey if you don’t want to live in one don’t buy one. Your position amounts to “you can only buy what I consider nice, and if you can’t afford that, then you get nothing — get out.” It doesn’t make nicer housing more affordable, it makes all housing less affordable. Zoning imposes a $400,000 per unit premium in SF. Which is exactly how we got single family zoning, btw. It was created in early 1900s Berkeley to prevent minorities and the poor from living there by making sure the kind of housing they could afford wasn’t built.
- deleted 2y ago[deleted]
- Hammershaft 2y agoBruh it's econ 101 and has been empirically validated across the world: ceteris paribus more housing supply = lower housing prices. Housing supply constrictions like housing regulation & zoning are responsible for all of the rise in measured inequality since the 70's, have prevented roughly %50 of the growth in incomes we'd have achieved if housing supply was built out, are partially responsible for the explosion of homelessness and the decline of family formation.