“We will do literally anything to make housing more affordable except build more of it.”
Forget where I first saw that but it’s absolutely true.
The left will try rent control, subsidies, taxes and prohibitions against speculation, banning AirBnB, etc. The right will try mass deportations and population caps.
Nobody will build more housing because that would work, and home owners are incentivized not to do anything that would work, and homeowners vote in much larger numbers.
The problem won’t be solved until renters out vote homeowners and until everyone who wants more affordable housing stops advocating the solutions that will not work.
Forget where I first saw that but it’s absolutely true.
The left will try rent control, subsidies, taxes and prohibitions against speculation, banning AirBnB, etc. The right will try mass deportations and population caps.
Nobody will build more housing because that would work, and home owners are incentivized not to do anything that would work, and homeowners vote in much larger numbers.
The problem won’t be solved until renters out vote homeowners and until everyone who wants more affordable housing stops advocating the solutions that will not work.