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Comment by crooked-v

3 days ago

I have to wonder sometimes if the people of the US will ever realize that their housing shortages are self-inflicted. It seems like a massive number of people have somehow been hypnotized into thinking that building more homes increases home prices.

8 comments

crooked-v

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xyzsparetimexyz  3 days ago

Its not self inflicted. It does have many causes, zoning being one of them, but the reluctance to build a they do in eg China is a problem

  • crooked-v  3 days ago

    It is absolutely self-inflicted. Most major US cities made the choice to massively limit dense housing construction through zoning and permitting in the 70s-80s, and then shifted into complete amnesia mode and/or active denialism about why population numbers were suddenly growing much faster than housing construction rates.

  • Danox  3 days ago

    By coincidence the United States isn’t the only country Great Britain, Ireland, Canada, Australia, and New Zealand have the same problem lack of affordability for people between 18 and 35 who can’t afford to buy a house/home.

    Notice that all these countries are English speaking countries? Aside from speaking English they also have lots in common when it comes to the way the economy and society is run. I can only speak for the United States, but I’ve noticed unfordable not luxury apartments going up everywhere and starter homes are not.