Live data from Hacker News

A lot more market-rate construction helps low-income renters more than subsidies

medium.com

81–82 of 82 posts

Re: A lot more market-rate construction helps low-income renters more than subsidies

#81

Earlier quoted context omitted.

Yes, if you believe that the political process is controlled by the wealthy and you oppose the wealthy, then allowing more construction is your best bet. My concern with the political process is the exact opposite - it doesn't favor the wealthy but it should. In either case, eliminating the malthusian constraints on housing are a solution to the problem. See also this article on moreright illustrating how your view a…

How would San Francisco be better with 2 million people than with 1 million? Should it grow until it is as crowded as the cities people are fleeing in order to come to SF? What will happen is not that increased supply will have any effect but demand from talented people will drop as SF becomes as characterless as any other cheaper US city. As crowding rises the value of labor relative to land will fall, something ver…

This is essentially the 'too many of you, just enough of me' argument.

If you want to cap populations on cities, then do so explicitly and not through back-door means. Otherwise you have to let them ebb and flow as people desire.

Re: A lot more market-rate construction helps low-income renters more than subsidies

#82
post #52

Earlier quoted context omitted.

A wealthy software developer produces a lot of value in an hour, whereas a poor barista does not. If the developer lives 10 minutes from work while the barista commutes for 1 hour, the developer has more time to spend on productive activities. The world is then better off. This is of course completely tangential to the main point, namely that they both can live in SF if we build more housing .

> If the developer lives 10 minutes from work while the barista commutes for 1 hour, the developer has more time to spend on productive activities. The world is then better off. You got that completely backwards. A developer can be productive during the commute. Given modern offices with their distractions, an hour commute each way can give a developer much needed time for design and analysis. The barista, on the oth…

I would argue that many of the worlds greatest ideas did not come about through the value generated in workplace.
Post reply on HN