4 ms·

Well, ok, but then how are property prices artificially driven up by planning restrictions? Is this just about not allowing more compact housing like condos or

• beerandt 4mo ago
  The key to understanding all of this is that a huge set of Americans 'want' to pay more as an exclusionary benefit. With section 8 (fed housing welfare) rules, any multifamily structure has a better than not chance of becoming slum housing in a time frame less than the average span of homeownership. Which is both about property values and not wanting to live in/near section 8 residents. "Planning" and zoning aren't the problem, they're the enforcement mechanism. (Since police and other public enforcement of quality of life issues has been all but neutered in the name of equity/civil-rights/whatever.) Same reason for the seemingly inexplicable popularity of HOAs that everyone seems to hate. High prices are one of many resultant 'enforcement' prongs.