|
|
|
|
|
by hamiltont
1879 days ago
|
|
Not who you replied to, but I believe the current popular answer is to refer to Japan. Numerous articles have been written regarding how they managed their housing crisis by deregulating zoning and building permits. You'll have to read up on it yourself, it's beyond me to summarize as it's a complex topic and the model is not perfectly exportable. Partially for "real" reasons, such as Japan has so many earthquakes that many houses are not intended to last for 100+ years which affects the home economy. Partially for social reasons, e.g. wealthier nations view homes as investments (more-so than as a place to live, like we view an apartment), and people push tons of local/state/federal rules to ensure their investment always grows in value. The easiest way to make the value grow is to ensure there are no more homes e.g. NIMBY One article to get you started (nothing special about this one, it's just the first I saw from google): https://www.wsj.com/articles/what-housing-crisis-in-japan-ho... |
|
As to the earthquakes/natural disasters bit for why they build relatively disposable homes - does that happen on the west coast of the US, for instance? I'm genuinely interested, if anyone knows.