tails99
tails99 t1_j1tce1n wrote
Reply to comment by kaizerdouken in [OC] State by State Housing Price Growth since 1975 by fred_fotch
I'm not sure how your comment is relevant. In your example, there has been no creation of any more units of housing. I'm referring to it being ILLEGAL to build MORE housing that is DENSE.
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"I raise its value" :: How do you raise its value?
tails99 t1_j1smsrf wrote
Reply to comment by Ambitious-Event-5911 in [OC] State by State Housing Price Growth since 1975 by fred_fotch
There is market for everything because otherwise no one would know how much to make or at what price to sell. Increasing house prices mean that more needs to be built to then lower prices. If more housing is illegal, then enough housing won't be built, existing houses will go up in prices, and those who can't afford them will live in cars or on the street.
tails99 t1_j1r3jja wrote
Reply to comment by dontich in [OC] State by State Housing Price Growth since 1975 by fred_fotch
Yes, exactly. People don't live on limited LAND, people live in HOUSING. Land is limited vertically, like a rare physical Picasso painting, but housing is unlimited vertically, just like looking at a digital Picasso is unlimited.
tails99 t1_j1r3728 wrote
Reply to comment by kaizerdouken in [OC] State by State Housing Price Growth since 1975 by fred_fotch
I have a degree in economics. Nearly all economists agree that price controls are bad. Rent control is one of those bad things. Exclusionary zoning is the same terrible rent control, except for rich people. I still don't know why it is legal. How can more housing be bad?
tails99 t1_j1pcl5f wrote
Reply to comment by imnotsoho in [OC] State by State Housing Price Growth since 1975 by fred_fotch
The price controls are made by existing homeowners through restrictive zoning. There is no reason why housing should go up in price. Everything is supposed to go down in price, EXCEPT income. Anything going up in price in a free market is an economic aberration. An even simpler solution to cut housing costs is to legalize living in cars, but homeowners and landlords don't like that either, now do they? More of your "price controls"...
tails99 t1_j1xoqr4 wrote
Reply to comment by kaizerdouken in [OC] State by State Housing Price Growth since 1975 by fred_fotch
I can't answer your question because it doesn't make any sense. It has nothing to do with me. LOL.