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by toomuchtodo
670 days ago
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The fix is to enshrine remote work for jobs that can be remote (labor regulation and whatnot), enabling labor mobility to where housing is affordable, but the ideological challenges prevent that. So, instead, we gnash teeth and say there is no solution while we slowly build more housing stock and hope that'll catch us up eventually. It will, eventually, as immigration slows, and the death rate exceeds the birth rate and household formation (see: Japan), but that will take time. To destroy housing values to increased affordability, you must destroy locality as a value factor. |
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Not really a fix. When people's location becomes free from their jobs, they don't move to remote locations where land is cheap. They move to cities they want to live in, or cities where they have friends and family.
The subset of people who prefer to move to the middle of nowhere and prioritize the cheapest housing above all else is very small (and probably overrepresented online)