Earlier quoted context omitted.
Just curious, what do you believe is the justification for laws demanding minimum apt sizes/minimum heating requirements? The ordinary arguments about externalities certainly don't seem to apply... As an anecdote, while I was poor, I didn't turn the heat on because I couldn't afford it. Do you believe the law should have forced me to turn the heat on? If not, why not?
First off: I'm not arguing that micro-apartments should be illegal; just that "the government should just let private parties come to whatever agreement they want regarding housing" is an untenable position. One obvious cost of regulating housing is the need to revisit and recalibrate those regs, and I agree in advance that our state governments suck at that. So then: I think this is a discussion that would quickly d…
You'll note that I asked specifically about cases like heating/min size requirements which have nothing to do with externalities (such as disease outbreaks or fire spreading). So why bring them up?
Without than minimum standard, the financial incentive would exist to race properties to the bottom, and while some renters clearly would benefit from the increased choice in living expenses, many more renters would be harmed either by (a) being locked by the market into substandard housing,
This claim is not observed in reality. In virtually every market segment including housing, you see a race to meet demand in all market segments, from the top to the bottom.
The only way there would be a race to the bottom is if virtually everyone wanted something cheaper than what is currently available and were willing to sacrifice quality to get it. I.e., if the minimum size requirements are hurting almost everyone. Do you believe this is the case?
(b) being dragged by their parents or spouses into substandard housing
This seems like an extremely roundabout way of imposing minimum parenting standards. An extremely obvious way and far simpler way would simply be to forbid parents to bring their children into dorm-sized apartments.
(c) losing their homes when property ownership changed hands and more profit was wrung out of their current houses.
Um, this usually happens when landlords want to turn cheaper housing into more expensive housing. I.e., upgrade the projects to luxury apts. Should we also impose quality ceilings on housing? If not, why not?