Exactly. Elevated land values suck up surplus cash that would otherwise have gone to wages, increased production, and lead to other societal benefits. Good housing policy addresses this by first and foremost reducing land values.
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To increase housing supply you need two things (one of which you already mentioned): 1. Relax land-use restrictions. 2. Financial incentives to counter lack of or under-development.
- Još 1 odgovor
Novi razgovor -
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“the annoying thing” is a pretty milquetoast reaction to policies that not only reduce GDP but also directly inflict so much human harm
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Are you sure that bad housing policy as practiced in the US elevates land values. Certainly it elevates housing prices, but that's not the same thing.
- Još 1 odgovor
Novi razgovor -
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(bad housing policy depresses land values)
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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If we stay out of politics, politics will come and bite us back. Good or bad politics affects our lives. Sooner our generation realizes it’s better.
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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A permanent increase in the growth rate sounds more impressive than a dollar amount.
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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If I want to build a monstrous skyscraper on my land, I should be allowed to do that, subject to some basic standards on safety- today the whole neighborhood/city gets to decide this- an assault on property rights and freedom
- Još 4 druga odgovora
Novi razgovor -
Čini se da učitavanje traje već neko vrijeme.
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