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A comment on The evidence behind putting money directly in the pockets of the poor. Parent comment

Re:The evidence behind putting money directly in the pockets... by lopmotr on Thursday May 21, 2020 @08:10PM (#23267217)
Those regulations exist specifically for the purpose of keeping property prices high. That's what people actually want because they already own property and want to profit by restricting the supply to others as well as keeping the riff-raff out which will devalue it.

There are neighborhoods in my city with required minimum house construction costs. You're not allowed to spend less than a certain amount to build your house!

[ Parent | on HN ]
Re:The evidence behind putting money directly in the pockets... by therealdrag0 on Friday May 22, 2020 @11:14AM (#23272975)
Ya there was an article on HN in the last year that called out “housing cannot be both an investment and affordable.” Nice and succinct. It’s obvious once you think about it.
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