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by drugme 2555 days ago
The problem with housing there has one simple cause: NIMBYism

It's definitely simple-sounding, as a single cause -- but unfortunately that doesn't make it so.

Any sober analysis of the current housing crisis points to a convergence of multiple, and in some cases highly nuanced factors -- ranging from shifting crime rates and the collapse of urban industrial base; to shifts in government policy (including the near-abandonment of federal support for new public housing initiatives); and a whole bunch of others. And yes there's something known as "zoning" which plays a part also.

But the idea that NIMBYism is the sole important factor - or even the most important factor - just doesn't hold water.

If you're skeptical of this, just ask yourself: "What causes NIMBYism?"

1 comments

There's various reasons for why people are NIMBYs, sure. But that's still the single biggest proximate cause of the housing crisis, by far.

I mean, you could also say, "those tech companies created too many high-paying jobs!!" but last I checked, that's generally what we wanted companies to do, so getting mad at them for it seems pretty weird.

That's generally what we wanted companies to do,

Maybe so -- but as a response it completely dodges the question of whether or it has been a contributing factor or not.

It doesn't dodge the question at all. Of course it's a proximate contributing factor, in the same way that voting was a proximate contributing factor to Trump being the chief executive of the United States. That doesn't mean voting is a bad general idea.

I'm pointing out that even though lots of high paying jobs is obviously an input into the housing crisis, 'blaming' companies for that is clearly stupid, because we want and encourage them to do exactly that, and higher housing prices is a predictable side effect of housing supply being constrained, not some out of nowhere surprise that the tech sector foisted onto an unsuspecting public.

We have met the enemy, and they are us.