3 ms·
> The rents didn't drop that significantly. The city is growing fairly fast it was 4% in 2024 This is my point. YIMBY laws are only one part of a larger pictur
by grafmax 1y ago
> The rents didn't drop that significantly. The city is growing fairly fast it was 4% in 2024
This is my point. YIMBY laws are only one part of a larger picture of causation. They do not have a significant enough effect on housing to be the basis for sound housing policy.
Similarly looking at regulations in blue vs red cities (ignoring the presence of higher paid workers in blue cities for example) or looking at public housing as a percentage of housing in Japan - public housing needs to meet the housing demand needs not sit at a portion of supply. We need more public housing in the US.
You acknowledge the role of wealth redistribution programs. That is my argument - these programs should be expanded, and financed by taxes on the wealthy. We should provide direct assistance to those who need it, rather than tweaking NIMBY laws and hoping for the best.