| > Western governments have just become NIMBY-entrenched. The whole culture and bureaucracy is designed to make building things expensive, painful, and time-consuming, and then we look around and wonder why we can't seem to build enough housing. Time and time again, companies have shown they will cut corners to make money. Much regulation exists to prevent people from being injured or killed, or for other legitimate reasons. Let's at least start by acknowledging that. (Of course petty bureaucrats and regulation do exist.) > The various regulations were mostly well intentioned, but we've obviously gone too far. How is this obvious? By the fact there is not enough housing where people want to live, and too much housing in other less desirable places? In the Western world in general? In Canada? In the US? In specific areas of the US/Canada? > If private companies are unable to provide more of a product even when demand is obvious and prices are high, something is very wrong. Unable... or unwilling? There's a difference between affordable housing and available housing. And ways to fix that other than flooding the market with so much housing to force an overabundance. That's kind of wasteful, too. For example, allowing developers to pay a one-time fine if they don't provide any affordable options in a new huge apartment block is probably a poor strategy. I'm all for making things better. The "too much regulation" thing is just a bit too facile of an argument. In the US at least, there usually exist places where there is less regulation. Weirdly, people don't automatically move there. |
"Too much housing"? What does that even mean?
Having a lot of housing is good, it means lower prices, and tenants have more power than landlords. Plus, realistically, developers will stop building if there's a total flood, since a flood will lower prices and thus profits.
> In the US at least, there usually exist places where there is less regulation. Weirdly, people don't automatically move there.
Okay, two things:
1. There's actually very few places with non-strict housing regulation overall. Most places will at least have strict zoning around mandatory detached single family homes on large lots for most of their residential land.
2. People want to move where there are jobs. So even if some random rural counties actually do have almost no housing regulations, no one's gonna move there because surprise surprise, people need income. If you look at places with strong economies, it's rare to find a place with minimal regulation; even Houston isn't quite as unregulated as its reputation suggests.