Reducing land use regulations is one of those things that sounds great at the macro, increasingly less so in the micro.
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Replying to @conorsen
Despite popular fintwit opinions, good communities don't just happen magically. They're the result of tireless work on behalf of local govt.
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Replying to @conorsen
Not clear why everyone is entitled to the benefits of living in Palo Alto any more than they are entitled to Google RSU's.
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Replying to @kimmaicutler
@kimmaicutler@conorsen As a thought experiment: could a community that instituted a minimum net worth requirement for residence be good?1 reply 0 retweets 3 likes -
Replying to @xander76
@xander76@kimmaicutler Or what about age restrictions?1 reply 0 retweets 0 likes -
Replying to @conorsen
@conorsen@kimmaicutler Huh? I'm not sure what you mean, and genuinely curious what you think about, say, a $2M min net worth requirement.1 reply 0 retweets 2 likes -
Replying to @xander76
@xander76@kimmaicutler Many senior living communities have age restrictions. So why not economic (workforce housing, etc)?1 reply 0 retweets 0 likes -
Replying to @conorsen
@conorsen@kimmaicutler 1/True but externalities there are much less pronounced, no? It's pretty easy to run a govt where few need services.2 replies 0 retweets 2 likes -
Replying to @xander76
@xander76@kimmaicutler Shouldn't people in favor of housing deregulation favor developers being able to set their own rules?2 replies 0 retweets 0 likes
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Replying to @kimmaicutler
@kimmaicutler@xander76 If a condo development has units selling for $1mm+ there's already a de facto net worth requirement.1 reply 0 retweets 1 like -
Replying to @conorsen
@conorsen@kimmaicutler Right! But how can they charge $1M in the first place? At least partially because of land use policy.1 reply 0 retweets 0 likes - 1 more reply
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