Re:New Zealand to ban foreigners from buying existing houses
by elyobo on Thursday October 26, 2017 @08:30PM
(#15564555)
That's a false dichotomy; you can allow more density without skyscrapers as far as the eye can see.
The problem is hard because existing property owners have more rights, but those without have plenty of incentive and skin in the game too, as the overall cost of never owning a home is significant. Arguably the property owners should have less rights than they do when those rights are causing significant hardship and economic damage, which is the case.
The problem is hard because existing property owners have more rights, but those without have plenty of incentive and skin in the game too, as the overall cost of never owning a home is significant. Arguably the property owners should have less rights than they do when those rights are causing significant hardship and economic damage, which is the case.