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Loosening up zoning laws to allow for much greater supply of housing. Blue states don't do this because it would be bad for the investor class who's owns real
by jgalt212 1y ago
Loosening up zoning laws to allow for much greater supply of housing. Blue states don't do this because it would be bad for the investor class who's owns real estate.
- williamcotton 1y agoIn states where there are looser zoning laws and more housing is built, who invests in and profits more from the new construction, the investor class or the poor?
- onlyrealcuzzo 1y agoWho un-benefits more from there not being enough housing? The rich or the homeless?
- jgalt212 1y agoIn such scenarios, there are no excess returns from home construction. Homebuyers benefit from abundant supply.
- amanaplanacanal 1y agoSome blue states have done this, including California, Oregon, Connecticut, and Maine. I expect more will follow.