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frequenttimetraveler t1_j5y1x1x wrote

We have to fix it. We can't just simply lose our rent seeking profits just because people decide to build their own homes. No worry, we will introduce the most inane regulations making it impossible for people to build anything anywhere any time. We ll just call them 'environmental regulations' or historic preservation or something, and they ll be happy and own nothing

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rugbysecondrow t1_j5ynz6l wrote

>We ll just call them 'environmental regulations' or historic preservation or something, and they ll be happy and own nothing

The California solution.

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SadMacaroon9897 t1_j5yp953 wrote

Ironically, I do want to own nothing and be happy. I'd love for apartments to be so common that it's preferable to owning a house. Never needing to own a car because alternatives are available and cheaper than ownership. Both together would directly save me literally thousands of dollars per month.

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frequenttimetraveler t1_j5yspe7 wrote

Unironically, they know it, and it s generally true. However the megacapitalists of today are bona fide rent seekers and will always raise rents to usury levels. Take for example Uber: mega capital subsidises prices for a service that trains people rent cars and get food delivered. The business loses money but they keep piling up capital on it in order to change behavioral patterns. And when they (believe they) have done that, they start raising prices to unaffordable levels. Something similar, and worse, is happening with housing (airbnb, wework/ welive etc). They will eventually all become dependence relations .

The only way to fight this is to open up housing rules , allow new methods of construction and make housing dirt cheap, so that it has super low profit margins

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UniversalMomentum t1_j5yzr9q wrote

In most places impacts fees are not the big problem and realistically you have to force people to do land management or they will just drain their whole yard into their neighbors yard and claim it's not their problem.

You pay more to build houses in areas that aren't good to build houses, that's fair.

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