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Current Events => Economics => Topic started by: Ptarmigan on February 08, 2019, 10:27:18 PM

Title: Why Affordable Housing Is So Hard to Find in America’s Big Cities
Post by: Ptarmigan on February 08, 2019, 10:27:18 PM
Why Affordable Housing Is So Hard to Find in America’s Big Cities
https://fee.org/articles/why-affordable-housing-is-so-hard-to-find-in-america-s-big-cities/

Quote
Few things better illustrate the dynamic of government intervention > unintended (but predictable) consequences of government intervention > further government intervention to mitigate these consequences…(ad infinitum) than housing.

Across the United States, it is frequently said that a lack of "affordable housing" is a problem. Predictably, this observation is usually followed by the demand that the government—local, state, or federal—"do something" about it. That "something" almost always involves spending more money or issuing a new raft of regulations.

Too much regulation is making housing less affordable. San Francisco has one of the highest median cost and it is over regulated. Same goes with Minneapolis and St. Paul.
Title: Re: Why Affordable Housing Is So Hard to Find in America’s Big Cities
Post by: Wineslob on February 17, 2019, 12:19:46 PM
I've seen what happens to affordable housing after those that "need" it get it.



Instant slums.
Title: Re: Why Affordable Housing Is So Hard to Find in America’s Big Cities
Post by: Eupher on February 18, 2019, 01:02:59 PM
I've seen what happens to affordable housing after those that "need" it get it.



Instant slums.

Yup. What the Section 8'ers don't pay for, they don't appreciate. So it becomes just another hellhole like the one they left.
Title: Re: Why Affordable Housing Is So Hard to Find in America’s Big Cities
Post by: Ptarmigan on February 18, 2019, 05:49:24 PM
Yup. What the Section 8'ers don't pay for, they don't appreciate. So it becomes just another hellhole like the one they left.

If you want to destroy a community, have Section 8 housing.