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by kodah 1488 days ago
There's another option that the fed isn't considering: let Congress find a way to force businesses out of congested areas where houses aren't and won't be available any time soon. There's also financially incentivising remote work and providing incentives to move away from major cities.

There's still a supply shortage in building homes to deal with, but that'd at least solve a problem for a good chunk of folks.

1 comments

This doesn't fix the underlying problem. The vast majority of local governments make it very expensive or outright impossible to add significant amounts of housing via zoning and density bans. Pushing businesses into other areas will simply drive up housing prices in other markets, not to mention accelerate suburban climate arson.

The solution is to remove tariffs on imported wood to make new housing cheaper and to punish municipalities with racial segregationist-era housing/zoning policies.

I live in the Bay Area. Where are you going to add houses here that aren't protected land? Zoning isn't even a thing here; I live right behind a Denny's. Some of your assumptions seem vastly off.

There are places like Mountain View that don't allow building above four stories, which is crap, but stuffing people into towering buildings where they're not allowed to own the thing they're living in or immediately priced out of it (which serves as an investment) doesn't solve the housing crisis.

Edit:

I had a bit of a snarky reply, and I apologize if you read that. I pay a little over $3.5k for a house (that allows a big dog); if I lose this place I'll pay over $4k in rent per month and that number goes up by the month. I'm being forced to come into an office, which requires me to live near by. If I can't live near by, then I have to accept a lower paying job. Do you see the complexity of this issue?