Yes, I know a guy who wanted to build a small unit in his backyard (the CA city has no low rentals at this time) and it was going to cost $100K before breaking ground. Guess who decided not to build a new unit.
Living in France (in poverty) for 6 years now. I am quite prepared to say that not only is Paris over-rated but so is France generally - or at least that part of France I am well acquainted with, 50km from Bordeaux. Much of what he says about the dysfunction of "building zone governance" is even more true in France than the US. The problem is even more acute given that France is about the size of Texas. Even in this small town of not even 20,000 people, parking is mostly a nightmare. And traffic equally so. This particular town is extremely bike unfriendly. I have no car and walk everywhere to do my shopping. There is constant obstacles all along the way from not yet finished construction in various places. The sidewalks are very poorly maintained and not at all handicap friendly. It would be impossible for a wheel chair to go from where I live to the store 2 km away. At least 50% of cars have only one passenger. And French drivers are rude and always in a hurry and always honking the horn. The sirens for ambulance is impossibly loud - so loud that it hurts my ears. The siren has no incremental increase and just suddenly goes with a startling blast. A number of cars and motorcycles are extremely loud - deliberately so - and very clearly are in excess of the law which requires that they be no louder that 74 decibels. But there is no control whatsoever. None. The police force is chronically understaffed and underfunded. And they very much limit their contact with the public. There is a felt sense of fear in enforcing normal traffic laws for fear that things might go wrong, as they sometimes do. Unless it is an emergency, the police is seldom to be seen. The French do not really blame them in the sense that they understand the pressure they have to maintain the social peace even if it means having to turn a blind eye to all sorts of misdemeanors. All these pile up and irritate the rest of us and makes city life simply unpleasant. There are of course well-to-do areas that have no such problems, somewhat like gated communities in the US. I am sure there are better places in France to live - but this area is not one of them.
I think the issue in public consciousness is in large part doing the bizarre legwork of understanding where the laybeliefs come from (and indeed what they are!). They are rarely absolute primitives nor philosophical extrapolations of any particular ideologies or values. I'd love to see a high-profile discussion of the landscape of YIMBYism in terms of how it approaches the so-called "PR" of the issues involved - both in finding maximally palatable compromises as well as untangling the beliefs themselves into what core preferences exist underneath proclaimed policy positions. This may amount to some degree working out how to de-stabilize NIMBYism into more inert styles that more accurately reflect the preferences of those subcultures and legislates for them directly rather than in the current presumption of wrongdoing as Caplan colorfully calls it here.
I think that Caplan gorgot the problem of infrastucture, if you build too much in a short time, you will get stuck without water and electricity. Building those infastructure is long and expensive.
The failure to mention the nature of money itself belays a fundamental misunderstanding of the structural drivers of housing inflation. The perpetual inflation of housing costs is directly linked to the embedded growth obligations of debt based money. Most of the money that is the lifeblood of our economies is created by banks when they originate loans which are typically collateralized by the real assets for which they are used to purchase. Because banks create money via loans but not the interest due on those loans, the money system must always grow and expand, creating ever more loans and driving up the price of the real asset collateral that underlies the debt. Home price inflation is a feature of our system, not a bug.
CA is a disaster. Everybody wants to help homeless people but it's a nightmare to get build something affordable. Yet people vote the same and then they keep complaining. And yes many oppose new construction even though they say there is lack of housing. Microapartments and allowing to rezone areas would help but nope...politicians always playing with the homeless crisis...please vote well- Praying for California. God bless us all- Numbers 6:24-26 The Lord bless you and keep you; the Lord make his face shine on you and be gracious to you; the Lord turn his face toward you and give you peace
Looked up Kansas City in Missouri and found they do have single family zoned residential areas, parking minimums and minimum lot sizes. So can't be zero regulations.
Its also expensive because expectations for size, amenities and neighborhood keep increasing. Also lest we forget we are only 5yr removed from the "cheapest housing ever" GFC-2019 when adjusting for wages and financing costs...never mind all of the other improvements. "never been worse"!! LOL!!!
Russ makes statement that housing and tall housing is not allowed in San Francisco but as someone who visits regularly I can tell him that every new apartment building is quite tall and they are slowly replacing the apartment buildings from 100 years ago. not fast enough perhaps but to say it isn't happening is untrue. what would be more useful to be a case study of projects that are built in different locations instead of griping about what supposedly isn't happening... but that would require more work.
Federal data shows that city authorities permitted the construction of only 16 housing units in San Francisco, one of the most expensive markets in the country, in 2024 as of June-a far cry from what demand would require and what Mayor London Breed has promised.
Yes, I know a guy who wanted to build a small unit in his backyard (the CA city has no low rentals at this time) and it was going to cost $100K before breaking ground. Guess who decided not to build a new unit.
Living in France (in poverty) for 6 years now. I am quite prepared to say that not only is Paris over-rated but so is France generally - or at least that part of France I am well acquainted with, 50km from Bordeaux. Much of what he says about the dysfunction of "building zone governance" is even more true in France than the US. The problem is even more acute given that France is about the size of Texas. Even in this small town of not even 20,000 people, parking is mostly a nightmare. And traffic equally so. This particular town is extremely bike unfriendly. I have no car and walk everywhere to do my shopping. There is constant obstacles all along the way from not yet finished construction in various places. The sidewalks are very poorly maintained and not at all handicap friendly. It would be impossible for a wheel chair to go from where I live to the store 2 km away. At least 50% of cars have only one passenger. And French drivers are rude and always in a hurry and always honking the horn. The sirens for ambulance is impossibly loud - so loud that it hurts my ears. The siren has no incremental increase and just suddenly goes with a startling blast. A number of cars and motorcycles are extremely loud - deliberately so - and very clearly are in excess of the law which requires that they be no louder that 74 decibels. But there is no control whatsoever. None. The police force is chronically understaffed and underfunded. And they very much limit their contact with the public. There is a felt sense of fear in enforcing normal traffic laws for fear that things might go wrong, as they sometimes do. Unless it is an emergency, the police is seldom to be seen. The French do not really blame them in the sense that they understand the pressure they have to maintain the social peace even if it means having to turn a blind eye to all sorts of misdemeanors. All these pile up and irritate the rest of us and makes city life simply unpleasant. There are of course well-to-do areas that have no such problems, somewhat like gated communities in the US. I am sure there are better places in France to live - but this area is not one of them.
I think the issue in public consciousness is in large part doing the bizarre legwork of understanding where the laybeliefs come from (and indeed what they are!). They are rarely absolute primitives nor philosophical extrapolations of any particular ideologies or values. I'd love to see a high-profile discussion of the landscape of YIMBYism in terms of how it approaches the so-called "PR" of the issues involved - both in finding maximally palatable compromises as well as untangling the beliefs themselves into what core preferences exist underneath proclaimed policy positions. This may amount to some degree working out how to de-stabilize NIMBYism into more inert styles that more accurately reflect the preferences of those subcultures and legislates for them directly rather than in the current presumption of wrongdoing as Caplan colorfully calls it here.
I think that Caplan gorgot the problem of infrastucture, if you build too much in a short time, you will get stuck without water and electricity.
Building those infastructure is long and expensive.
The failure to mention the nature of money itself belays a fundamental misunderstanding of the structural drivers of housing inflation. The perpetual inflation of housing costs is directly linked to the embedded growth obligations of debt based money. Most of the money that is the lifeblood of our economies is created by banks when they originate loans which are typically collateralized by the real assets for which they are used to purchase. Because banks create money via loans but not the interest due on those loans, the money system must always grow and expand, creating ever more loans and driving up the price of the real asset collateral that underlies the debt. Home price inflation is a feature of our system, not a bug.
As far as I know, Chuck Mahron of Strong Towns is the only one talking about this issue. Very important.
CA is a disaster. Everybody wants to help homeless people but it's a nightmare to get build something affordable. Yet people vote the same and then they keep complaining. And yes many oppose new construction even though they say there is lack of housing. Microapartments and allowing to rezone areas would help but nope...politicians always playing with the homeless crisis...please vote well- Praying for California.
God bless us all-
Numbers 6:24-26
The Lord bless you and keep you; the Lord make his face shine on you
and be gracious to you; the Lord turn his face toward you and give you peace
Zero regulations in Missouri and locals still can't afford housing. Prices have doubled in 5 years.
Not true.
revisor.mo.gov/main/OneSection.aspx?section=89.020
I live in St. Louis, heavily regulated.
Looked up Kansas City in Missouri and found they do have single family zoned residential areas, parking minimums and minimum lot sizes. So can't be zero regulations.
@@olfart7902 not true
Its also expensive because expectations for size, amenities and neighborhood keep increasing. Also lest we forget we are only 5yr removed from the "cheapest housing ever" GFC-2019 when adjusting for wages and financing costs...never mind all of the other improvements. "never been worse"!! LOL!!!
Russ makes statement that housing and tall housing is not allowed in San Francisco but as someone who visits regularly I can tell him that every new apartment building is quite tall and they are slowly replacing the apartment buildings from 100 years ago. not fast enough perhaps but to say it isn't happening is untrue. what would be more useful to be a case study of projects that are built in different locations instead of griping about what supposedly isn't happening... but that would require more work.
Federal data shows that city authorities permitted the construction of only 16 housing units in San Francisco, one of the most expensive markets in the country, in 2024 as of June-a far cry from what demand would require and what Mayor London Breed has promised.
Is now a bad time to make aliyah because Israelis are displaced from northern Israel?
Build, Baby, Build: The Science And Ethics Of Housing Regulation. By Bryan Caplan And Ady Branzei
ruclips.net/video/XWyeSV4pOBM/видео.html
I could respect Bryan's argument until the brought Dubai as a great alternative to the urban development strategies of Paris and New York.