Posted on 05/29/2019 2:32:27 PM PDT by jmcenanly
One of the main indicators used by economists to measure the health of the nations economy is housing starts the number of private homes being built around the nation. In 2018 housing starts fell in all four regions of the nation, representing the biggest drop since 2016.
While many economists point to issues such as higher material costs as a reason for the drop in housing starts, a much more ominous reason may be emerging. Across the nation, city councils and state legislatures are beginning to remove zoning protections for single-family neighborhoods, claiming they are racist discrimination designed to keep certain minorities out of such neighborhoods. In response to these charges some government officials are calling for the end of single-family homes in favor of multiple family apartments.
(Excerpt) Read more at americanpolicy.org ...
How do you say, “Come and arrest me.” in Greek?
or a simple ##
Density or sprawl. Pick one.
How’s things?
That’s very funny - but I just don’t se that dynamic applying in this area (because the “affordable” alternatives are simply unsafe, and the recipients would also want the better/safer schools).
NIMBYism is certainly nothing new - we little people are to do as the libs say, not as they do.
Look at how Bloomberg years ago started the discussion on “congestion pricing” in lower Manhattan; the 1%ers don’t want to deal with little people messing up their commutes.
The little people are just to fight the wars when Muslims attack offices in lower Manhattan...
Good insights.
Theyre trying to eliminate the whole problem of bad areas by forcing the wealthy and the welfarians to live in the same residential complexes.
“While many economists point to issues such as higher material costs as a reason for the drop in housing starts, a much more ominous reason may be emerging.”
Higher costs is absolutely the primary reason for a drop in construction. I wanted to make my garage larger, and the thieving contractor wanted $75 p/sq/ft to do the job. Screw that. It’s a friggin’ garage, you thief, not a kitchen addition with granite countertops, a sous chef and gold-plated faucets.
This law of unintended consequences will hurt those they want to help. For example, the ‘ban the box’ movement to say you can’t ask about criminal history results in fewer black, hispanics and poor people being hired. That was discussed in Thomas Sowell’s “Discrepancies and Discrimination” book.
The article said that in Baltimore “landlords are no longer permitted to ask potential tenants if they can afford the rent on their properties”.
How am I to then know you can pay the rent? Pretty much EVERYWHERE says I can evict for nonpayment of rent. Even places with strict rent control. This is a relevant question.
Landlords will either make up for it by more thoroughly vetting based on credit, doing deeper background checks, or never ever renting to someone who seems poor.
“Zoning was the start of the loss of our property rights.”
Zoning can be traced back to the Roman Empire, when homeowners complained about Roman legions practicing their martial arts in the neighborhood.
I’ve seen several cities try to get around this by fast-tracking developments of “affordable” apartments and nursing homes for retirees while prohibiting younger relatives from living there.
This lets them get praise from old voters who are happy to see cheap little units for retirees on Social Security. The city gets to say they built affordable housing, but it doesn’t create extra demand for the school system. And unlike most other affordable housing, it doesn’t contribute to higher crime rates.
Thanks; as you may have guessed, I’m part-way through those 30 years of payments!
Sure, but not so much to eliminate “bad” areas as “bankrupt” areas; the wealthy and normals will pay for all of the municipal services for the unproductives...
It’s called “inclusionary zoning.” Instead of banning uses in a district, it forces you to have them. So much affordable housing in the district, houses need to house at least so many people, etc.
Does imputed rent mean “we can refuse to pay higher rent because we think it isn’t supposed to be that high”?
Does an imputed rent policy create de facto rent control? Can it result in someone have to accept rent less than their operating costs?
Obama destroyed the middle class, and they are not stopping
Or they took $3000 a month from people who subleased from them, moved into a $2000 a month place and pocketed the difference.
The UK is pushing a “Bedroom Tax”, to push older people out of homes they own to free it up to families.
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