Re:Why Britain Doesn’t Build
by notatoad on Monday June 26, 2023 @10:50PM
(#36488355)
developers love money. they love it so much, they find the easiest way to make more of it.
if the easiest way to make money is to rent houses in a captured market because the local regulations prevent the building of more housing, that's what they'll do. if the easiest way to make more money is to build more housing because the regulations allow for the building of housing, they'll do that too. the problem isn't the developers, they're where the housing comes from. the problem is that at every turn, there's people actively fighting against the buliding of more housing. all they're doing is making money off that situation.
if the easiest way to make money is to rent houses in a captured market because the local regulations prevent the building of more housing, that's what they'll do. if the easiest way to make more money is to build more housing because the regulations allow for the building of housing, they'll do that too. the problem isn't the developers, they're where the housing comes from. the problem is that at every turn, there's people actively fighting against the buliding of more housing. all they're doing is making money off that situation.