Re:Apollo – Funding for Moonshots
by bigyikes on Wednesday June 17, 2020 @03:06PM
(#23555396)
Maybe I’m naive, but isn’t this exactly the type of thing capitalism is good at doing (lowering prices)? My understanding is that greedy capitalists would love to build more, denser housing here in the Bay, but are unable to due to zoning restrictions as the parent comment suggested. Why isn’t this a problem capitalism can solve?
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But local residents block new developments, using zoning and other methods, since new developments (affordable or not) lower their own property values.
There is not much money to be made by building things, at least compared to the money you can make by renting and making sure the supply is constrained.
Re:Apollo – Funding for Moonshots
by lucasmullens on Wednesday June 17, 2020 @03:15PM
(#23555502)
Capitalism itself can't get rid of zoning restrictions, only government can.