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This is a deep problem -- but not one to solve by messing with the minimum wage. It's largely a zoning issue. High-density housing lowers nearby property valu
by lotharbot 11y ago
This is a deep problem -- but not one to solve by messing with the minimum wage. It's largely a zoning issue. High-density housing lowers nearby property values (for many reasons), which means people tend to vote against policies that would allow it.
See also the recent HN discussion about trailer parks: https://news.ycombinator.com/item?id=9592812 https://news.ycombinator.com/item?id=9592812
- rhino369 11y agoThe problem is letting local people vote for it at all.
- panglott 11y agoThere are real external costs that impact the neighborhood, but what's needed is a more rational way of managing local real estate externalities. A bad solution is a solution of a kind, even if it's not a very good one.
- panglott 11y agoYes, the original other way to read the image in the OP is as "localities with an insufficient supply of housing". Barracks-style housing is just so much further than higher-density housing though. About the only time true barracks accommodations are built is for factories or similar institutions in specific circumstances.