Earlier quoted context omitted.
The problem with encouraging builders to go hard with few restrictions is you end up with a low-density urban sprawl that introduces a ton of its own issues. You end up with massively long commutes and a ton of infrastructure that now needs to be maintained, and none of that cost falls on the builder so they happily build fields of new homes miles away from work places or services.
> The problem with encouraging builders to go hard with few restrictions is you end up with a low-density urban sprawl that introduces a ton of its own issues. You only end up with that if that is what sells, i.e. that is what homebuyers want. If the average Canadian didn't want that, the developers would build something else. Your real problem here is with the preferences of the people who buy new homes, and you are…
Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death
71–80 of 149 posts
Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death
#72Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death
#73Earlier quoted context omitted.
The problem with encouraging builders to go hard with few restrictions is you end up with a low-density urban sprawl that introduces a ton of its own issues. You end up with massively long commutes and a ton of infrastructure that now needs to be maintained, and none of that cost falls on the builder so they happily build fields of new homes miles away from work places or services.
> The problem with encouraging builders to go hard with few restrictions is you end up with a low-density urban sprawl that introduces a ton of its own issues. You only end up with that if that is what sells, i.e. that is what homebuyers want. If the average Canadian didn't want that, the developers would build something else. Your real problem here is with the preferences of the people who buy new homes, and you are…
Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death
#74Whats wild about affordable housing in Canada is that for every newly built unit we lose 15. Yet almost nobody is talking about that part. You cant build your way out of the problem before you plug the leak. But there are obvious misaligned incentives to do that. The value system of our economy and culture seems to be obsessed with making basic needs a profit center, at all costs, regardless of the consequence.
How do these 15 units get destroyed/lost?
Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death
#75Earlier quoted context omitted.
I’m not attacking you, your heart is in the right place, but your comment illustrates the problem. Housing absolutely should be a profit center. Home and multifamily builders should be unleashed to build as much housing as they can. Let them be greedy; let them get rich. It’ll make housing more affordable for everyone. High housing costs aren’t a failure of the free market - they’re a failure of central planning at e…
By the free market alone, letting everyone get a home sounds like a terrible decision. There's a finite number of people that need a home and by the point everyone gets their own home, your business is doomed. On the other side, letting housing to be crazy expensive, with few people capable of getting a new house, will always be profitable.
Why aren’t they building these homes? How are they being stopped? Typically the thing that is stopping homes from being built is governmental restrictions on how many homes can be built (ie zoning laws).
Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death
#76Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death
#77Earlier quoted context omitted.
In Canada, exclusionary zoning rules prohibited the construction of mid-rise housing in most cities. Developers would build it if the system wasn’t set up to stop them from doing so. They want to sell more units of housing per acre of land.
As I asked another user - so you belief that the suburban sprawl would be high density housing instead? We'd have giant apartment buildings on the edge of the city?
Listen to this recent podcast from 99% invisible (or read the summary), it explains it very well. Most of the territory of Toronto excludes apartment buildings.
Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death
#78Earlier quoted context omitted.
As I asked another user - so you belief that the suburban sprawl would be high density housing instead? We'd have giant apartment buildings on the edge of the city?
> We'd have giant apartment buildings on the edge of the city? Not necessarily high rises, but certainly apartment buildings, yes. This is the development pattern you see in places like Austin, Texas.
Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death
#79Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death
#80Earlier quoted context omitted.
> The problem with encouraging builders to go hard with few restrictions is you end up with a low-density urban sprawl that introduces a ton of its own issues. You only end up with that if that is what sells, i.e. that is what homebuyers want. If the average Canadian didn't want that, the developers would build something else. Your real problem here is with the preferences of the people who buy new homes, and you are…
What a current buyer wants in a Nash equilibrium of weird incentives and zoning laws, is the Just the Way Things Are ?
Zoning laws are an expression of preferences by the existing homeowners who want their neighborhoods to retain their current characteristics.
Look at the history of how this happened. The suburbs did not magically appear out of nowhere after WWII against the wishes of the population, and they were not legalized into existence with zoning laws. They were built, people liked them and bought houses in them, and then they passed zoning laws to keep them.