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unitythrufaith t1_j28u8xu wrote

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ButtBlock t1_j291mxv wrote

Just think about how much unaffordable housing shaves off from GDP per capita. Every year. Imagine what NYC or Boston would look like if housing was affordable!

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Polynya t1_j29725z wrote

The paper “Housing Constraints and Spatial Misallocation” did quantify the effect of zoning restrictions and found that between 1964 & 2009 that it lowered US aggregate output by 36%. So our economy is would be about 50% bigger if not for housing.

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ButtBlock t1_j297fjl wrote

Yikes surprising to me that a small rentier class is able to override such a huge economic incentive.

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itsgreater9000 t1_j2azc8h wrote

the landed gentry have been developing techniques to hold onto their small but powerful position in society for centuries now

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mslashandrajohnson t1_j29txpq wrote

I get downvoted when I mention that. I hope our area can make more affordable housing. It can only improve our ability to contribute to the needs of our communities and beyond.

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