ctindel t1_ixihs2r wrote on November 23, 2022 at 6:14 PM

Reply to comment by Darrackodrama in It's a Miracle Your Favorite Local Bar Still Exists by troxwalt

Plenty of people want to build, they just can't because of stupid zoning FAR limits and corruption making the cost of construction here absurdly high.

Darrackodrama t1_ixiplki wrote on November 23, 2022 at 7:05 PM

Build what then, more “luxury buildings”? And why does it matter that they take a loss when you’re providing an essential human need?

This is why the government needs to get back into the business of social housing

ctindel t1_ixjb8m5 wrote on November 23, 2022 at 9:29 PM

> Build what then, more “luxury buildings”?

No, I think the government should remove FAR restrictions but only for owners who will build coops that are affordable to purchase by the middle class and must be owner-occupied as a primary residence.

> And why does it matter that they take a loss when you’re providing an essential human need?

Because this is the real world and nobody is going to take a loss on purpose. Yes the government could get in the game but if they're just providing rentals it won't solve the problem. We need more middle class homeownership here not more lifetime renters.