3 ms·
It is really not that simple - demand is elastic on contrary to what you propose. The crisis is not necessarily availability, but affordability which is a cons
by tossandthrow 1y ago
It is really not that simple - demand is elastic on contrary to what you propose.
The crisis is not necessarily availability, but affordability which is a consequence of inequality.
- HDThoreaun 1y agoOf course nothing is that simple, but end of the day it actually is that simple here. There is demand for X number of houses but because of NIMBYS we can only have some number lower than X. Without NIMBYs we can satisfy all the demand. Wealth inequality could be the cause of a housing crisis, it just isnt here. If the reason we cant have X homes was something other than unjust laws created by the middle class Id be much more willing to blame inequality.
- tossandthrow 1y agoRegardless of what you think, inequality is a major component of the current housing inequality. Yiu also have to step back and consider why people feel like the need to bundle up in the cities - if that a General lack of opportunity elsewhere due to inequality? You are seeing a wound and saying: yep, that happened because the skin got damaged.