The whole topic of conversation around housing affordability is backwards. Specifically, housing affordability is 100%, entirely, a problem of artificial constraints on supply by city councils. (1) Americans consider housing to be an investment. An investment is only an investment if you expect a positive return over time. We generally want that investment to match or exceed inflation. (2) That's antithetical to the…
Two thoughts 1) Isn't a developer also making an investment when they build these high as hell micro-apartment apartment buildings? 2) How do you avoid a race to the bottom in terms of housing quality when you allow said micro-apartments? Do we want a culture where the poor are living in barely livable wage slave pods while the rich are living in abundant villas? I'm all for affordable housing but it seems too nuance…
Oakland shows how to expand housing supply: tell developers they can build homes
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Re: Oakland shows how to expand housing supply: tell developers they can build homes
#62Earlier quoted context omitted.
Two thoughts 1) Isn't a developer also making an investment when they build these high as hell micro-apartment apartment buildings? 2) How do you avoid a race to the bottom in terms of housing quality when you allow said micro-apartments? Do we want a culture where the poor are living in barely livable wage slave pods while the rich are living in abundant villas? I'm all for affordable housing but it seems too nuance…
Currently the poor are homeless or enduring multi-hour mega-commutes or stuffing a bunch of people into a single studio apartment. Well-located "barely livable wage slave pods" would be a huge improvement for a lot of people. I agree that the race to the bottom effect is a problem, but I think even the worst-case scenario would still be better than our existing housing situation.
Re: Oakland shows how to expand housing supply: tell developers they can build homes
#63Earlier quoted context omitted.
Wouldn't the world simply increase population where this is still the case even if we build more housing though?
Tends to go the other way. Fertility is strongly negatively correlated with development, of which housing is a component. America's birth rate is already well below replacement (1.8 births per woman), and relies heavily on immigration to maintain a steady population. There's a stark graph of page "4074" (page 4, figure 1-E in the PDF) of fertility rate vs HDI. [1] I bet if you build more housing you'd have fewer kids…
Re: Oakland shows how to expand housing supply: tell developers they can build homes
#64The whole topic of conversation around housing affordability is backwards. Specifically, housing affordability is 100%, entirely, a problem of artificial constraints on supply by city councils. (1) Americans consider housing to be an investment. An investment is only an investment if you expect a positive return over time. We generally want that investment to match or exceed inflation. (2) That's antithetical to the…
Two thoughts 1) Isn't a developer also making an investment when they build these high as hell micro-apartment apartment buildings? 2) How do you avoid a race to the bottom in terms of housing quality when you allow said micro-apartments? Do we want a culture where the poor are living in barely livable wage slave pods while the rich are living in abundant villas? I'm all for affordable housing but it seems too nuance…
Zoning laws restrict what builders can build. Subsidies take funding. I find it unpalatable to have a portion of my income taken to solve a problem caused by rules which can be repealed for free.
An extreme example would be subsidizing gold plated homes. Gold plating adds no practical value and makes the house needlessly expensive. Tax dollars should not fund gold plated houses.
Replace the concept of gold platting with suburban zoning.
Re: Oakland shows how to expand housing supply: tell developers they can build homes
#65They forget the human cost. Increasing density decreases quality of life. The people are the product of the cities in the commercial sense. The well being of the people is lost in the drive for infinite growth.
Don’t many people love cities specifically because of density and the diversity of opportunities that usually follows?
The problem is when people love low density cities and make it a great place to live. Then new people want to change it into denser cities with everyone living in apartments. Who should win out?
Re: Oakland shows how to expand housing supply: tell developers they can build homes
#66Earlier quoted context omitted.
Two thoughts 1) Isn't a developer also making an investment when they build these high as hell micro-apartment apartment buildings? 2) How do you avoid a race to the bottom in terms of housing quality when you allow said micro-apartments? Do we want a culture where the poor are living in barely livable wage slave pods while the rich are living in abundant villas? I'm all for affordable housing but it seems too nuance…
> Do we want a culture where the poor are living in barely livable wage slave pods while the rich are living in abundant villas? The poor can always move away if space becomes a real problem. Plenty of "SF-poor" people outside CA who are actually living in "abundant villas" in their preferred locations.
Re: Oakland shows how to expand housing supply: tell developers they can build homes
#67The whole topic of conversation around housing affordability is backwards. Specifically, housing affordability is 100%, entirely, a problem of artificial constraints on supply by city councils. (1) Americans consider housing to be an investment. An investment is only an investment if you expect a positive return over time. We generally want that investment to match or exceed inflation. (2) That's antithetical to the…
Prior to these laws, cities absolutely could not get away with such nonsense restrictions on growth because people would move just outside of the city limits, establishing new communities not within the city's taxing region, so cities would try to accommodate to keep the taxes in the city.
Now, the cities all know that people cannot move outside of cities, so they can behave as oligarchs.
Re: Oakland shows how to expand housing supply: tell developers they can build homes
#68Earlier quoted context omitted.
I agree with what you’re saying, but that’s overly simplistic. Infrastructure costs increase as you increase density. Charging an appropriate fee for new housing rather than limiting the growth is an efficient solution, but current methods allow for local corruption. That’s just one of the hidden reasons for our current system. Another, is most people want to live as far as possible from poor people.
> Infrastructure costs increase as you increase density. They increase much slower than the efficiency gains from having a higher density and the rate of per capita costs decrease from having much more people pay for those costs.
Re: Oakland shows how to expand housing supply: tell developers they can build homes
#69I saw this tweet recently, by patio11: https://twitter.com/patio11/status/1199366332468224000 "Tokyo has positive population growth of about 100,000 people a year, and rents and home prices are roughly stable for last decade. How? Outconstructing NYC. And LA. And SF. And Boston. And Houston. Combined. Every year."
I have heard (but am not sure) that the pattern is more to buy some land, knock down the previous guy's house, and build your own. On a time-scale of 20-30 years, closer to how Americans regard cars (e.g. having to buy used cars is undesirable) than how they regard houses (once built they stay in use forever, although renovated).
Re: Oakland shows how to expand housing supply: tell developers they can build homes
#70They forget the human cost. Increasing density decreases quality of life. The people are the product of the cities in the commercial sense. The well being of the people is lost in the drive for infinite growth.
You can always get to "decreased density" simply by moving away from the urban core. The jobs might not be as good, but that just goes to show that increased density does not necessarily involve a human cost.