lucie digitální on Nostr: "On the question of increasing private housing supply to solve the crisis, it is ...
"On the question of increasing private housing supply to solve the crisis, it is worth noting that the YIMBY argument comes straight from the property lobby’s playbook. Apart from being a blunt and rude tool when used to discredit sometimes legitimate local concerns, the idea that a general increase in supply will increase affordability is fanciful. Such an increase would have to be enormous to bring prices down across all the housing submarkets, which is something the vast majority of property owners and politicians don’t want anyway. We know that residential developers stage and stop building as soon as they sniff surplus, supported by media that scream disaster as soon as prices look like dropping."
#Housing #AusPol
https://www.crikey.com.au/2024/02/07/public-housing-victoria-crikey-your-say/Published at
2024-02-07 01:53:19Event JSON
{
"id": "878cf70720c6ee3d0e8aaeaf180a2672697d66d03ee96f80432823bf8197015f",
"pubkey": "d296a663e90882b0ca0c4d21aa143362f611125ff3b79bd625926a68b7ec9ef0",
"created_at": 1707270799,
"kind": 1,
"tags": [
[
"t",
"housing"
],
[
"t",
"auspol"
],
[
"proxy",
"https://aus.social/users/luciedigitalni/statuses/111887699141872778",
"activitypub"
]
],
"content": "\"On the question of increasing private housing supply to solve the crisis, it is worth noting that the YIMBY argument comes straight from the property lobby’s playbook. Apart from being a blunt and rude tool when used to discredit sometimes legitimate local concerns, the idea that a general increase in supply will increase affordability is fanciful. Such an increase would have to be enormous to bring prices down across all the housing submarkets, which is something the vast majority of property owners and politicians don’t want anyway. We know that residential developers stage and stop building as soon as they sniff surplus, supported by media that scream disaster as soon as prices look like dropping.\"\n\n#Housing #AusPol \nhttps://www.crikey.com.au/2024/02/07/public-housing-victoria-crikey-your-say/",
"sig": "4e0c5e4617c24190fc76c8e73859ec3341f261515acdad487ea93f38156301ed673a4ec9ded2684f02af6f94412159d86bf7b476721b816ad89f31d8f24ae69d"
}
