Re:Housing can’t both be a good investment and be affordable
by AnthonyMouse on Saturday November 03, 2018 @01:53AM
(#18368938)
> The solution is to get rid of zoning laws. Baring some breakthrough in public choice theory allowing us to break out of this mess, I predict we are stuck with this until the robots take over.
The breakthrough is using higher-level entities to constrain lower-level entities. What creates the problem is that you have a neighborhood zoned only for low density and the only people with a vote to change it are the existing homeowners whose collective voting sentiment is "screw you, got mine."
What's needed is a law at the state or federal level that any given fifty mile radius has to have a certain percentage of area zoned for unrestricted density.
The breakthrough is using higher-level entities to constrain lower-level entities. What creates the problem is that you have a neighborhood zoned only for low density and the only people with a vote to change it are the existing homeowners whose collective voting sentiment is "screw you, got mine."
What's needed is a law at the state or federal level that any given fifty mile radius has to have a certain percentage of area zoned for unrestricted density.