Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
No matter what the reply, there is always something in the way of doing better and finding a way to solve the problem of affordable housing.
From education to zoning, the finger is always pointed at someone else.
Why is that? Why is it never a failure to plan, to have a plan in case that one doesn't work out, a willingness to accept self responsibility for not making better choices yet always demanding actions by others to make up for self imposed deficiencies?
There is a crisis, it isn't in housing but in the idea that government is the solution for housing problems.
No matter what the reply, there is always something in the way of doing better and finding a way to solve the problem of affordable housing.
From education to zoning, the finger is always pointed at someone else.
Why is that?
...
Quote:
Originally Posted by ContrarianEcon
Unemployment rate goes like this. Ten people walking around 8 chairs. The music stops, and two are left standing. Those two are unemployed and it isn't their fault there wasn't 11 chairs and a bidding war for them to sit in them.
Does that explain it adequately?
It isn't my fault that there isn't a bidding war for my work force participation.
He wants to buy part of someones yard to build a tiny house.
That is precisely more or less what Honolulu is doing.
The City Council passed a law last year that if your SFH is in a lot of at least 5,000 sq ft. , you are eligible to build a detached house up to 800 sq ft on your front yard, back yard or side yard or wherever space available on your lot. The owner can either live in the Main unit or detached unit and rent the other unit out.
The City even asked contractors to design model plans and arranged with banks to facilitate loans. All fees are waived for the building permit application on detached units submitted before the end of 2017.
In major cities worldwide, the governments always do something when the housing market loses equilibrium.
Tokyo changed zoning law as I referred in the above post. Sydney banned foreign buyers to invest in certain type of properties and now Vancouver imposes vacancy tax. Singapore built affordable housing to provide 80% to its citizens while Hong Kong about 50%
If London has provided enough affordable housing to its citizens, would they choose Brexit?
There is nothing wrong for the government to play a role in the housing markets in major cities. But rent control is a bad idea though.
It isn't my fault that there isn't a bidding war for my work force participation.
Its your fault you are in a job for which demand doesn't support higher wages.
Its your fault you don't change jobs or get more education, obtain additional skills and experience to accomplish it.
Complaining is easier though, no argument there. The effort to improve ones ability to afford better housing isn't easy but it seems some wabt a magic wand wave to make it all better.
Whats next, blame the government the wand waver didn't wave enough?
Last edited by Mack Knife; 08-18-2016 at 07:30 PM..
It's a cycle - first the rents go up and all the builders jump in and eventually there is an overbuild and oversupply.
There is a building boom here in LA that the government says hasn't been seen since the 80s
It is definitely not a cycle. There is not one year going back half a century that rent prices declined. Always they go up. Because multi family housing stopped being built to accommodate population increase in the early 90s rents have skyrocketed. If something isn't done to increase the supply of multi family housing rents will continue to skyrocket and before long the homeless population will go through the roof.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
