A proposal to roll back exclusionary zoning would make housing more affordable
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Re: A proposal to roll back exclusionary zoning would make housing more affordable
#2[deleted]
Re: A proposal to roll back exclusionary zoning would make housing more affordable
#3In Japan, zoning is handled federally; and the result is much more affordable cities.
"Why Tokyo is the land of rising home construction but not prices" https://www.ft.com/content/023562e2-54a6-11e6-befd-2fc0c26b3...
An overview of zoning practices there: http://urbankchoze.blogspot.com/2014/04/japanese-zoning.html
Re: A proposal to roll back exclusionary zoning would make housing more affordable
#4If you want to make housing affordable you will need to reckon with this: http://positivemoney.org/wp-content/uploads/2013/04/UK-House...
House prices move with mortgage credit growth. Credit growth is one of the key pillars of the politically sustained Ponzi-scheme that is the modern urban housing market.
Re: A proposal to roll back exclusionary zoning would make housing more affordable
#5The charts at the top are eye opening. More and more of our income is going to pay for pieces of land. Unlike computers, TVs, and even troublesome areas like healthcare the land is not getting better and better. It’s instead a purely zero sum game.
We probably can’t eliminate the scourge of land rents altogether but we can stop making the problem worse by putting in place more and more policies designed to raise housing prices rather than lower them. Such policies are exactly the opposite of what the government should strive for.
Re: A proposal to roll back exclusionary zoning would make housing more affordable
#6The charts at the top are eye opening. More and more of our income is going to pay for pieces of land. Unlike computers, TVs, and even troublesome areas like healthcare the land is not getting better and better. It’s instead a purely zero sum game. We probably can’t eliminate the scourge of land rents altogether but we can stop making the problem worse by putting in place more and more policies designed to raise hous…
Because we can make more computers, execute more healthcare services, etc. Land is a zero sum game; we have a fixed amount, and while it's possible to create more, it's prohibitively expensive to do so.
Add to it, land is the primary method by which "old money" remains in that category.
Re: A proposal to roll back exclusionary zoning would make housing more affordable
#7In Japan, zoning is handled federally; and the result is much more affordable cities. "Why Tokyo is the land of rising home construction but not prices" https://www.ft.com/content/023562e2-54a6-11e6-befd-2fc0c26b3... An overview of zoning practices there: http://urbankchoze.blogspot.com/2014/04/japanese-zoning.html
Granted, but a decreasing population and a growing number of uninhabited houses sure doesn’t add to housing pressure.
So it helps, but it may not account for all of it.
Re: A proposal to roll back exclusionary zoning would make housing more affordable
#8In Japan, zoning is handled federally; and the result is much more affordable cities. "Why Tokyo is the land of rising home construction but not prices" https://www.ft.com/content/023562e2-54a6-11e6-befd-2fc0c26b3... An overview of zoning practices there: http://urbankchoze.blogspot.com/2014/04/japanese-zoning.html
I feel like this is the case for a lot of the differences between the US and other countries. Unfortunately, it's not as simple as "just make the Federal government do it for everyone".
The constitution limits the authority of what the Federal government can do in the US and delegates everything else to state and local governments.
Re: A proposal to roll back exclusionary zoning would make housing more affordable
#9Seems like it could work. Nonsense local policies to encourage "affordable" housing like inclusionary zoning have been huge failures. In big cities, we just need way more housing. Yet NIMBYs fight it at every step, esp in SF.
Re: A proposal to roll back exclusionary zoning would make housing more affordable
#10In Japan, zoning is handled federally; and the result is much more affordable cities. "Why Tokyo is the land of rising home construction but not prices" https://www.ft.com/content/023562e2-54a6-11e6-befd-2fc0c26b3... An overview of zoning practices there: http://urbankchoze.blogspot.com/2014/04/japanese-zoning.html
I feel like this is the case for a lot of the differences between the US and other countries. Unfortunately, it's not as simple as "just make the Federal government do it for everyone". The constitution limits the authority of what the Federal government can do in the US and delegates everything else to state and local governments.
> The constitution limits the authority of what the Federal government can do in the US
I wish. If that was true I'd be much happier with politics than I am.