(09-21-2024, 10:30 AM)mikesez Wrote: It works: reducing zoning restrictions makes houses of all types more affordable.
https://www.nbcnews.com/business/real-es...rcna170857

Meanwhile, AOC is out there, as usual asking the right question but getting the wrong answer: https://www.theguardian.com/us-news/2024...using-bill

Her plan is for the federal government to buy up existing properties, then sell them back to non-profit entities that will be covenanted to keep the rent "affordable".  Basically introducing rent control to areas that don't have rent control, and making rent control more complicated in areas that do. Of course like most welfare programs, there will be lots of paperwork, people won't have a clear understanding of who qualifies and why, and once people get in the program they will actually be incentivized to keep their wages low so they can stay in the program.

Don't do that.
Just let the private sector build more homes.

 Agreed. (I am circling this date in red lol)  The federal government is extremely inefficient at this type of stuff. Independent studies always come to the same conclusion. For every one dollar of good the government can accomplish with 2-10 dollars of tax money depending on what is being done. 

I remember one such project that created 35k jobs for people. At the end of the project it was found it cost 72k to create those jobs.  They can however, help the free market by reducing the regulations, permit and paper work requirement they have enacted. These were enacted by non elected federal agency officials.   The newest one is an energy regulation and should add 10k-30k cost onto new homes. This will further increase the value of existing homes as they are grandfathered. Welcome to the Swamp of lawmakers that nave never been elected!!

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