Post

I just don't understand how anyone who has ever had a job and lived anywhere can find moving chains difficult to believe or understand. It's a nearly universal phenomena that most people, certainly 99% of home owners, have participated in *personally*. Surprise, everyone upgrades when they can.

Yeah he’s right: small dollar donations do make politics dumber. Witness the tens of millions of dollars thrown away on long-shot campaigns against hated Republicans in safe seats. Do you think Amy McGrath losing by 20 points was the best use of $80 million in 2020?

I think @mnolangray.bsky.social originally brought this to bsky. It's great. www.youtube.com/watch?v=rQW4...

A moving chain is an explicit part of the UK housing market. There's many an anecdote of someone who can complete their purchase until the person six links down the chain found some mold and now can't get their mortgage approved.

I am a YIMBY but I think the title of this article inadvertently hits the nerve of NIMBYs. Affordable housing has often been yesterday’s luxury housing plus time and a lot of people, rightly or not, resent that

Unfortunately, building more homes to reduce rents works in practice but not in theory.

They don't believe there is a housing shortage. They think that there is a large amount of perfectly livable housing that rich people keep vacant and somehow that makes them money. Which is also a very dumb theory, but answers that question.

Upzoning your property and then selling it is awesome. Upzoning properties near you, but not yours, is absolute bollocks. So, effictively, unless you want to sell, upzoning won't work out well for you unless you can capture the value created.

I have no doubt they like having both value and control. However, I would strongly suggest the desire to protect the value drives their interest in having control.

Two different markets. No one thinks an apartment or condo is the same category as a SFH, and no one's cross shopping the two (most condo buyers are settling for it because they simply can't afford any house)

The dynamic between supply denial and climate denial is alarmingly similar

I think that JUST relaxing zoning rules doesn't build enough housing, and that policies for affordable and social housing are necessary(Even if, yes, by government intervention). But that means building EVEN more housing.

These are the same experts that think the government should be a participant in the housing market because it will undermine market forces

People seem to hate both developers and landlords, which is understandable, but they also seem to imagine them as being in cahoots, instead of what they actually are, which is mortal enemies.

Or, for that matter, the implication that the top is meaningfully hurt when "luxury" housing is unbuilt. Like, yeah, it's *annoying* for them, but not a major loss. In constrast, when you tax the wealthy, they don't respond in a way that somehow gobbles up wealth from poorer people.

I got you www.buildingabundance.ca/p/housing-la...

As soon as someone describes filtering as trickle down you can rest assured they are a crank.