We see this time and again. Blame everyone else but the common man. Mobs are naturally susceptible to act in their own self interest and what we see today is a natural consequence of housing as an investment and your biggest asset.
Nimbys are simply protecting an investment. In a captalistic society we have to change the incentives to drive action.
Allow renters vote on local zoning regulation. Hell, remove stringent zoning regulations in general. At the same time, put limitations on what HOAs and local.commitees are allowed to impose.
Remove the exorbidant costs/regulations towards building multi family homes. This has been driving the rise 'premium condos' because affordable housing isnt affordable to build.
Impose larger taxes on rent collected on 3rd+ homes. Impose large taxes on vacant properties. Start gently discouraging additional housing as an investment.
Lastly, I strongly support sensible gentrification. Give long term renters first dibs and zero-additional-cost pathways to home ownership.But after that, gentrify and gentrify heavily. A revitalization of innercities is the easiest way to solve the housing problem in our current political climate. (For those who complain that condos arent suburban single family homes.....thats how we got here in the first place)
Nimbys are simply protecting an investment. In a captalistic society we have to change the incentives to drive action.
Allow renters vote on local zoning regulation. Hell, remove stringent zoning regulations in general. At the same time, put limitations on what HOAs and local.commitees are allowed to impose.
Remove the exorbidant costs/regulations towards building multi family homes. This has been driving the rise 'premium condos' because affordable housing isnt affordable to build.
Impose larger taxes on rent collected on 3rd+ homes. Impose large taxes on vacant properties. Start gently discouraging additional housing as an investment.
Lastly, I strongly support sensible gentrification. Give long term renters first dibs and zero-additional-cost pathways to home ownership.But after that, gentrify and gentrify heavily. A revitalization of innercities is the easiest way to solve the housing problem in our current political climate. (For those who complain that condos arent suburban single family homes.....thats how we got here in the first place)
These are just some ideas .