this post was submitted on 20 Apr 2024
965 points (96.6% liked)

Memes

46831 readers
2112 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] -5 points 10 months ago* (last edited 10 months ago) (1 children)

So your theory is that housing is so expensive because of less regulation? And if we had more regulations in how houses are built housing would be cheaper?

[–] grte 4 points 10 months ago (1 children)

Yes, of course. Banning short term rentals for example is a regulation that would put downward pressure on housing prices. Banning investment companies such as Blackrock, Blackstone, etc from purchasing single family homes, duplexes, 4-plexes and the like would do the same. Whereas the lack of regulation around these things has contributed to home price inflation. The idea that people are unable to afford homes because there is too much regulation holds water like a sieve.