this post was submitted on 28 Oct 2023
675 points (96.2% liked)
World News
31906 readers
492 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Fuck yes. As a libertarian it bothers me that I can’t make my home in any space I can own.
I understand not building rendering plants next to houses. Some zoning is okay. But there is zero reason why I shouldn’t be able to run a 7-Eleven and sleep on a cot in the back if I so choose.
Libertarians: Always finding the rarest of occurrences to continue their dismantling of government and the systems that gave them everything they have. lmao
The rarest of occurrences?
Ubiquitous government meddling (in the form of, among other things, rules like “no more than one dwelling per half acre”) in the real estate market has resulted in this housing crisis we all face. People are dying of stress related illnesses and self inflicted gunshot wounds, and the survivors are dealing with enormous amounts of anxiety and hopelessness, because rents keep rising and rising,
Supply is artificially, heavily suppressed and people wonder why prices skyrocket.
Everyone attributes it to “landlord greed” but provider greed is regulated by market competition when supply is allowed to follow market forces.
A person having to spend $1500/mo just to sleep when they’re trying to run a business, when they’re perfectly willing to crash on a couch in their office, means the threshold for going into business for oneself is artificially raised.
I could rant about other markets too but there’s plenty of government-created horror to be found in real estate alone.
Also the notion that the government “gave them everything they have” is ridiculous. The government gave us the Drug War and a nuclear-armed Israel. Other governments gave us The Holocaust, the Rape of Nanking, the Trail of Tears, and other unimaginably horrific acts of human savagery.
Humans’ ability to negotiate and make deals to trade resources and cooperate on projects — willingly — is what gave us what we have today.
How does deregulation restrict the housing supply?
Landlords being allowed to permanently take rentals off the market (by pretending to do construction work on them forever) to artificially reduce supply and drive up prices is a major problem. This practice used to be blocked by inspection laws that were removed.
Were there regulations at some point in US history that prevented that?
Not allowing foreign investment is reducing capital for construction. Living in Canada this is not helping like you think.
What economic reality results in more houses being built with less investment.
We have a lack of houses. Lowering the price will not make houses materialize or do you think some magic will happen?
Why can't you? I don't believe that there is any law saying you need to have a home in a residential zoned area (anti-homeless laws say that you cannot use public space as a home).
As far as I know, zoning laws just say that you cannot sell or rent out a property in a commercial district as residential. That is a false advertising/minimum allowable quality law, much like you cannot sell the meat of an a diseased animal. Commercial areas likely don't have the infrastructure (schools, utilities, safety) for people to live in.