What I can tell you is that in a lot of the US as well as around the world, there is a lot of new "luxury" housing getting built (to the cheers of YIMBYs), but despite sometimes thousands of units sitting empty, housing prices continue to go up.
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Replying to @MichaelTBacon @eean and
A lot of "luxury" housing is the only construction type that is legal to build, and I've done research to document this in my hellish corner of the world. While vacancy data is more nebulous, I trust you are also looking into cheaper construction like mid-rise wood frame or CLT.
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Replying to @daguilarcanabal @MichaelTBacon and
It's authentically a gigantic problem that new construction represents the high end of the market. The challenge is to counteract this through our policy (the first step realizing that this outcome is generated by more than developer greed)
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Replying to @bufordsharkley @daguilarcanabal and
I swear I’ve been told by YIMBYs (and seen self-described YIMBYs tell others) that new construction of course will house the middle/upper class, that this is how a functioning housing market works
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Replying to @MatttttttttB @daguilarcanabal and
I don't know any actual human being who really believes in filtering and nothing else, I'd be curious to know who this is
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Replying to @bufordsharkley @MatttttttttB and
To be clear, there are genuinely some diehard yimbys who are pretty dumb, almost exclusively in SF, a city full of dumb people who think too highly of themselves. But SF is not the whole world, thank god.
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being a diehard yimby means accepting nothing less than landvalue taxes funding housing construction
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until
@yimbyaction accepts Mark Mollineaux as their rightful spiritual leader, I am skeptical2 replies 0 retweets 5 likes -
Replying to @daguilarcanabal @eean and
YIMBY Action advocates for 4 basic fundamentals: 1) Upzoning, especially in $$$ neighborhoods 2) Permitting streamlining, so the process is fast, fair and predictable 3) Reforming bad incentives like Prop 13, parking requirements, etc. 4) Increased funding for Affordable Housing
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Replying to @yimbyaction @daguilarcanabal and
If one treats these seriously (especially (3)), it's a radical platform that basically calls for a grand upheaval all of society (which is overdue, tbh)
1 reply 0 retweets 2 likes
Thank you, oh spiritual leader.
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