In capitalism as inventory goes down prices go up. As we descend upon that small town and rent or buy what’s there, prices go up.We need to instead lobby for legislation that heavily taxes investment properties. That will free the hundreds of thousands of homes that’re empty. Also local housing initiatives where tax dollars go to subsidize the building of more houses. Look at the G.I. Bill after WW2 for a great example of this. But instead of veterans, anyone with income 90k or below gets a check to help with their first home. Of course we’d keep the GI Bill for veterans as well. This isn’t a zero sum game.
Allowing commercial inside residential areas the way most countries outside the US do could help the US too. That way people wouldn’t need a car for basic necessities.
In my city near Los Angeles they proposed to turn a parking lot into a 5 story affordable housing complex. All the NIMBYs came out of the woodwork to fight it claiming “it will hurt the neighborhood charm and character of single family homes.” The city said F OFF and are moving forward with the plan anyways.
In capitalism as inventory goes down prices go up. As we descend upon that small town and rent or buy what’s there, prices go up.We need to instead lobby for legislation that heavily taxes investment properties. That will free the hundreds of thousands of homes that’re empty. Also local housing initiatives where tax dollars go to subsidize the building of more houses. Look at the G.I. Bill after WW2 for a great example of this. But instead of veterans, anyone with income 90k or below gets a check to help with their first home. Of course we’d keep the GI Bill for veterans as well. This isn’t a zero sum game.
Some anti-NIMBY regulation could probably help too at least when it comes to residential buildings.
Yes, rezoning for denser housing and removing unneeded or dangerous commercial zoning could help too.
Allowing commercial inside residential areas the way most countries outside the US do could help the US too. That way people wouldn’t need a car for basic necessities.
The fact that most Americans can’t just walk to the corner store to get something still blows my mind
In my city near Los Angeles they proposed to turn a parking lot into a 5 story affordable housing complex. All the NIMBYs came out of the woodwork to fight it claiming “it will hurt the neighborhood charm and character of single family homes.” The city said F OFF and are moving forward with the plan anyways.
Looking at the drama that’s currently going on in my small village, NIMBY is a hell of a drug. Not sure how we can regulate that.
Wouldn’t that be YIMBY?