Re:The end of the housing supply debate (maybe)
by JPKab on Friday November 10, 2017 @12:05AM
(#15668068)
Here in the Denver area, we have a lot of people moving here for good jobs, strong economy, etc. The locals bitch and moan endlessly.
A lady the other night at a dinner party was, in the same conversation, complaining about the "high-density" (townhouses, but she acted as if they were high-rises) housing being built in the area, and moved on to whining about how her daughter was priced out of a home in the area.
I stopped myself.
Re:The end of the housing supply debate (maybe)
by breischl on Friday November 10, 2017 @09:46AM
(#15670146)
I can absolutely believe that would happen. Also interesting to watch the debate around conditional removal of the parking requirements for new builds. You see people that complain about lack of affordable housing, but also demand a parking lot/structure for every new building - these things are in conflict.
I do understand the bitching & moaning. I remember, and miss, the days when there wasn't a standing jam on I-25 every single Saturday, you could show up at a trailhead later than 8 AM and actually find parking, or rent a nice apartment in Wash Park for $600. But then I'm an immigrant too, so I don't have much moral authority to tell the more-recent immigrants to GTFO.
People who live in an area want policies that will benefit them at the expense of newcomers, full stop.
And when you concentrate value and therefore power in those existing landowners to an extreme degree, you get a political feedback loop strong enough to overpower something as trivial as reality. After all, the market can stay irrational longer than you can stay solvent.