Yeah, I want to live in the Hamptons for free in the summer.
The Socialists want to Nationalize your local Government....
Matthew Rognlie, a Massachusetts Institute of Technology doctoral student in economics”
...they needed a “doctoral student” to figure this out!?
Interesting read.
I would add that every city and town has nicer more desirable areas, and then the less desirable areas. The more desirable areas will have higher housing costs, all things being equal.
Here in the San Diego area, one of the more prestigious expensive areas is La Jolla. While there are sizable upscale homes there, there are also many homes of modest size and appearance in La Jolla. However, these more modest homes have ginormous price tags when put on the market, just because they are in the 92037 La Jolla zip code.
Just based on supply and demand, it seems that the supply and mix of housing constructed in recent decades has not kept pace with the demand. And the result is higher prices for housing.
Many of us can tell stories of how our parents and grandparents bought a house and got a mortgage which could be paid with just one middle income paycheck, the fathers. The mothers were able to afford to stay home and not work outside the home. Nowadays, those same homes have price tags which require two middle income paychecks to afford.
Then I have the right to a mansion like hillary’s? And in her town? that would be equality.
Some of you folks spoke of your suburbs in extremely large cities being spoiled by cheaper building. That’s not what Rognlie, myself or many others bringing the change are doing. There’s not enough space in your cities for many more efficient, owner-built houses anyway.
We’re helping others to build on their own properties in rural areas in the near future. Any efforts to stop the plans will fail. I’m surrounded by thousands of unbuilt lots and only a few overbuilt houses that won’t sell.
Many of those lots are owned by property owners who would like to build but won’t pay thousands of dollars in impact, planning, building and other fees while being pecked on to go into debt for the local incompetent, government-linked, drug-addled builders’ racket. Most of those property owners are given the impression to begin with, that any building efforts will be denied without consideration.
Other lots are owned by those who get big tax write-offs from their lots for losses in unassociated businesses elsewhere.
Residential real estate in rural areas is radically overvalued, and property taxes, outrageously high as a result of so many established residents using state and local governments to prop up their socialist regime against productivity.
These areas are nowhere near cities like San Diego, Denver, etc. Your houses and apartments in big cities won’t be affected. But yes, residential real estate prices will go down along with the shrinking economy for a very long time. We can’t do anything about that.
But we can do without the socialist meddling against self-reliance and increased productivity through local, state and federal government, and that will happen. Trial projects with property owners building their own properties are already in low profile progress in many locations. Prototype small shops for manufacturing are already in later phases of development. Artificial scarcity through socialist government is about to end.
There’s plenty of earth and plenty of air. There’s more than enough water. Only more freedom and less socialism were needed to make it happen.
Bump
Don’t know whether or not you’ve seen this, yet. If not, look past the rhetoric at the machines.
http://opensourceecology.org/gvcs/gvcs-machine-index/
That’s only one of many projects. Even groups of farmers and technologists (welders, mechanics, all) are running some of their own. Stealth is very much part of many of the projects and is being built in (especially for utilities like homebuilt heating not emitting heat and smoke signatures, leaving collectors exposed, etc.).
I’ve done a little work on plans for underground residential living with native building materials in the worst of conditions (see soil cement, reinforcement, testing, etc.), good drains, concealed vents, utilities, and have distributed those, just in case things proceed further before regulatory enforcement is de-funded much more. All on the cheap. Oh, yeah, and even something like a bat cave for concealed and covered parking.
That’s been more of a challenge than the previous work on good living with completely utility-looking sheds in a brutally cold climate. ;-)
We also have several car production efforts going with various levels of cooperation with government (three projects include expensive crash tests). Only problem so far is that they all want to design and build either teeny, tiny electric/hybrid rides, cheap sports cars or expensive sports cars.