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A comment on The seeds of the next housing crisis have been planted. Parent comment

Re:The seeds of the next housing crisis have been planted by eli_gottlieb on Monday May 09, 2016 @08:16PM (#11664330)
It's always interesting to me how people go to municipal government meetings and continually suggest that, on the one hand, jobs should be plentiful, while on the other hand, housing should be scarce.

If you have X jobs in city B and Y housing units, where X > Y, you have a tight housing market. If X >>> Y, then people can't even just double-up with roommates anymore.

I'm perfectly willing to talk about the moral trade-off involved in asserting that the born-and-bred residents of a city have a right to residence which they can assert over newcomers, to keep transplants out, but first we have to get the economic deadweight loss of insufficient housing supply off the damn table.

Build baby, build.

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Re:The seeds of the next housing crisis have been planted by lr4444lr on Monday May 09, 2016 @09:05PM (#11664553)
The eternal NIMBY conundrum. It'd be saner to bite the bullet and accept that they don't really want the jobs either; they just want the revenue, which means the _productivity_, which could be accomplished with the (relative) wages for _existing_ jobs.
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Re:The seeds of the next housing crisis have been planted by eli_gottlieb on Monday May 09, 2016 @11:15PM (#11664941)
They want to be rich without having rich-people problems (like too many new people moving to your hometown). I have a friend who works in city planning, and disturbingly enough, he told me the gentrification episode of South Park ("The City Part of Town") was completely realistic.
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