Re:The American Housing Crisis Might Be Our Next Big Politic...
by closeparen on Thursday May 17, 2018 @01:11AM
(#17088891)
“Economically productive” isn’t a subjective interpretation. It’s what produces the most money. In a society we tax productivity and use the revenue collected to run services that lift up those at the bottom. More money is available for redistribution when we are collectively more productive. Suppressing productivity in the name of fairness is highly satisfying to a large contingent of politically active folks who are passionate about it, but better outcomes can usually be purchased with the tax revenue it brings.
Case in point: neighborhoods that are proud of themselves for thwarting evil developers in the name of affordability end up with fewer affordable units, because we fund affordable units as a percentage of total construction.
Case in point: neighborhoods that are proud of themselves for thwarting evil developers in the name of affordability end up with fewer affordable units, because we fund affordable units as a percentage of total construction.