Nearly 50% of Millennials Reject Capitalism
Comments
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He didn't say builders needed incentives to make money. Read his quote again.RaceBannon said:And builders don't need incentives to make money. That's hondo fucking stupid
Congrats -
Race just likes to argue for the sake of arguing, and not necessarily because he actually belives what he says.2001400ex said:
He didn't say builders needed incentives to make money. Read his quote again.RaceBannon said:And builders don't need incentives to make money. That's hondo fucking stupid
Congrats -
I picture Race shaking his fist cussing out the clouds half the day when he's not on here.BearsWiin said:
Race just likes to argue for the sake of arguing, and not necessarily because he actually belives what he says.2001400ex said:
He didn't say builders needed incentives to make money. Read his quote again.RaceBannon said:And builders don't need incentives to make money. That's hondo fucking stupid
Congrats -
I picture you flipping burgers, phone in one hand while snickering like a fag as you post your next shitty link.2001400ex said:
I picture Race shaking his fist cussing out the clouds half the day when he's not on here.BearsWiin said:
Race just likes to argue for the sake of arguing, and not necessarily because he actually belives what he says.2001400ex said:
He didn't say builders needed incentives to make money. Read his quote again.RaceBannon said:And builders don't need incentives to make money. That's hondo fucking stupid
Congrats -
Their education isn't better if nearly half of them support socialism, nearly 10 percent of them want to live under a repressive communist regime, and most of them don't know who Mao Zedong was. It's not that difficult. His mugshot is only hanging in the most conspicuous location in all of China, Tiananmen Square. The education system is clearly broken and needs to DIAFF in its current form.creepycoug said:
Their educations are actually better, more enhanced by technology and, again, efficient access to relevant information, and there are more options than ever. You do realize that if you go back far enough the only thing anyone studied was Classics (which is still a worthy thing in and of itself, but that's another thread).Sledog said:
Most things on your list were previously satisfied by having common sense, a strong work ethic and life experience. All traits millennials have little of and try to replace it with shitty education in stupid fields.Mosster47 said:Millennials know:
20 years of pointless war that was costing over $1B a day at it's peak.
The housing bubble where rich people robbed the American public and the government paid them back 100 cents on the dollar for any short term loss.
Crippling student loan debt to get a job that previous generations never needed a formal education to do, yet still did the job equally well.
There is no more competition. Amazon, Google, eBay, and Netflix won. Seriously, what business are you going to start that some titan doesn't already have a complete monopoly on? A good capitalistic environment is supposed to motivate people to create a job instead of finding one, which went away 40 years ago.
We are generally viewed negatively by most of the established world.
We completely destroyed an entire continent in their lifetime and stirred up a hornets nest that brings terror to everyone's door step.
We can't spare $4M for Meals on Wheels but we need $65B more annually for defense. You know, cause the......fuck we're out of enemies.
The quality of life between working your ass off and not working at all is pretty similar.
Trying to save money with a meager salary to enjoy life when it's already over instead of using it while you can enjoy it is fucking stupid. All you are doing it making someone else rich.
If you work really hard you can be rich one day! 99.9% false.
I can keep going. Millennials are a lot of things, but stupid isn't one of them. They're the best bullshit detectors this nation has ever produced.
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What “LA” are you referring to? The state CEQA law is a notorious tool for NIMBYs, and municipalities add layers to the bureaucracy builders go through (density, parking, transit, prevailing wage, and other environmental). The one scared cow has always been affordable housing however, especially within LA County and the 88 incorporated cities.RaceBannon said:
It's not a dog whistleBearsWiin said:
I knowingly put that dog whistle in there2001400ex said:
Right about there, doogie, Pawz, sledog, and Race just started screaming communist!!!!!BearsWiin said:
Even in the early 1990's when I was working for the studios, most guys I worked with owned in Canyon Country, or further out in Palmdale/Landscatter because they preferred to have a 3000sqft home over a smaller Toluca Lake townhouse. That said, the Bay Area does a pretty pisspoor job of creating higher-density housing. Generally not as profitable as single-family homes, so it's up to local govt. to step in and create incentives for builders and developers to build housing that takes some pressure off of the transportation networks. Plus, sitting in traffic sucks.RaceBannon said:
The Bay Area is a hard one but not impossible at your level. Probably will need some kind of commuteWilburHooksHands said:
Fuck McMansions. I would live in Houston if there were any tech jobs there worth a shit.RaceBannon said:
You can buy a McMansion in Houston for 400KWilburHooksHands said:
I have a 6 figure salary and work in arguably the highest demand industry (tech). My partner (who has a higher 6 figure salary than me) and I can't even dream about buying a home within 30 miles of our workplace. Granted, I don't consider myself a millennial (I'm 36), but if we can't buy a house, things have just changed.RaceBannon said:I don't agree with @Sledog . The millennials I have worked with lived n the film room and are more than willing to do what it takes to win. Nothing has changed
I graduated high school in 1974 as America was descending in to hell. Guess what? Hard work still worked. Always has, always will
its idiots like mooster running around saying all is lost that need to get a fucking clue
Best thing I ever did was walking away from a career and starting over and working with millennials. We both benefited from it
That's why I defend them here.
Even in Cali you can get a nice house at your income levels.
When we bought our house the interest rate was double digits
What has changed is the banking laws after the crash. 20% down as a hard number is hard to come up with unless you bank most of your income for a year or two
Or work from home.
Local Cali government makes housing more expensive. That's what they're good at.
LA wants to tax home builders for affordable housing. Making housing more expensive to make it affordable
That's only part of the issue in the Bay Area. Like Seattle there's only so much room. Location will cost you
There’s a tax on affordable housing development? -
2001400ex said:
I picture Race shaking his fist cussing out the clouds half the day when he's not on here.BearsWiin said:
Race just likes to argue for the sake of arguing, and not necessarily because he actually belives what he says.2001400ex said:
He didn't say builders needed incentives to make money. Read his quote again.RaceBannon said:And builders don't need incentives to make money. That's hondo fucking stupid
Congrats
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Fire_Marshall_Bill said:
The rich were effectively taxed at what, 75%, 80% 50 years ago? That's closer to socialism. We didn't have 20 trillion in debt then either. Millennials are fags but they have a point when they're saddled with $80,000 of student debt and see the American dream isn't close to what it
Nobody paid anywhere close to those rates after deductions and in an era when there truly were loopholes. -
Hundreds of millionsoregonblitzkrieg said:
"Communism isn't evil." Tell that to the victims. Joseph Stalin killed millions. Mao Zedong killed millions. Pol Pot killed millions. Kim Jong IL killed millions. But there is no good and evil according to you. Cool. Explain these guys and Hitler then.allpurpleallgold said:Millennial don't have the baggage you do when it comes to capitalism/socialism/communism. You bought into the government propaganda of capitalism = good, socialism and communism = evil. When they're really they're just economic systems. There is no good or evil.
Human beings when presented with an argument that they disagree with will fall to the other extreme if the side they disagree with is unwilling to budge. Capitalism is the best economic system anyone has come up with but it's not perfect. Where and when it fails we should be willing to use other methods. Instead you cling desperately to capitalism. Pushing millennials to the other side. -
I didn't know Houston was Communist.WilburHooksHands said:
I lived under communism in the 70's. Nothing special.BearsWiin said:As somebody who has taught both political theory and comparative politics at the university level, I always find these threads to be an absolute hoot.
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oregonblitzkrieg said:creepycoug said:Sledog said:Mosster47 said:
Millennials know:
20 years of pointless war that was costing over $1B a day at it's peak.
The housing bubble where rich people robbed the American public and the government paid them back 100 cents on the dollar for any short term loss.
Crippling student loan debt to get a job that
The City of LA wants to impose a levy on builders developing market rate housing that will fund affordable housing.RaceBannon said:
It's not a dog whistleBearsWiin said:
I knowingly put that dog whistle in there2001400ex said:
Right about there, doogie, Pawz, sledog, and Race just started screaming communist!!!!!BearsWiin said:
Even in the early 1990's when I was working for the studios, most guys I worked with owned in Canyon Country, or further out in Palmdale/Landscatter because they preferred to have a 3000sqft home over a smaller Toluca Lake townhouse. That said, the Bay Area does a pretty pisspoor job of creating higher-density housing. Generally not as profitable as single-family homes, so it's up to local govt. to step in and create incentives for builders and developers to build housing that takes some pressure off of the transportation networks. Plus, sitting in traffic sucks.RaceBannon said:
The Bay Area is a hard one but not impossible at your level. Probably will need some kind of commuteWilburHooksHands said:
Fuck McMansions. I would live in Houston if there were any tech jobs there worth a shit.RaceBannon said:
You can buy a McMansion in Houston for 400KWilburHooksHands said:
I have a 6 figure salary and work in arguably the highest demand industry (tech). My partner (who has a higher 6 figure salary than me) and I can't even dream about buying a home within 30 miles of our workplace. Granted, I don't consider myself a millennial (I'm 36), but if we can't buy a house, things have just changed.RaceBannon said:I don't agree with @Sledog . The millennials I have worked with lived n the film room and are more than willing to do what it takes to win. Nothing has changed
I graduated high school in 1974 as America was descending in to hell. Guess what? Hard work still worked. Always has, always will
its idiots like mooster running around saying all is lost that need to get a fucking clue
Best thing I ever did was walking away from a career and starting over and working with millennials. We both benefited from it
That's why I defend them here.
Even in Cali you can get a nice house at your income levels.
When we bought our house the interest rate was double digits
What has changed is the banking laws after the crash. 20% down as a hard number is hard to come up with unless you bank most of your income for a year or two
Or work from home.
Local Cali government makes housing more expensive. That's what they're good at.
LA wants to tax home builders for affordable housing. Making housing more expensive to make it affordable
That's only part of the issue in the Bay Area. Like Seattle there's only so much room. Location will cost you -
I didn't know Houston was Communist.WilburHooksHands said:
I lived under communism in the 70's. Nothing special.BearsWiin said:As somebody who has taught both political theory and comparative politics at the university level, I always find these threads to be an absolute hoot.
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Once Mosster figures out how to read things will get ugly quick.
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Question: Is there a giant "L" tattoo'd backwards on your forehead, or what? Grow some confidence, lame ass.Mosster47 said:Millennials know:
20 years of pointless war that was costing over $1B a day at it's peak.
The housing bubble where rich people robbed the American public and the government paid them back 100 cents on the dollar for any short term loss.
Crippling student loan debt to get a job that previous generations never needed a formal education to do, yet still did the job equally well.
There is no more competition. Amazon, Google, eBay, and Netflix won. Seriously, what business are you going to start that some titan doesn't already have a complete monopoly on? A good capitalistic environment is supposed to motivate people to create a job instead of finding one, which went away 40 years ago.
We are generally viewed negatively by most of the established world.
We completely destroyed an entire continent in their lifetime and stirred up a hornets nest that brings terror to everyone's door step.
We can't spare $4M for Meals on Wheels but we need $65B more annually for defense. You know, cause the......fuck we're out of enemies.
The quality of life between working your ass off and not working at all is pretty similar.
Trying to save money with a meager salary to enjoy life when it's already over instead of using it while you can enjoy it is fucking stupid. All you are doing it making someone else rich.
If you work really hard you can be rich one day! 99.9% false.
I can keep going. Millennials are a lot of things, but stupid isn't one of them. They're the worst pussy faggots this nation has ever produced. -
FUCK
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Are you saying that's a bad thing?haie said:
I picture you flipping burgers, phone in one hand while snickering like a fag as you post your next shitty link.2001400ex said:
I picture Race shaking his fist cussing out the clouds half the day when he's not on here.BearsWiin said:
Race just likes to argue for the sake of arguing, and not necessarily because he actually belives what he says.2001400ex said:
He didn't say builders needed incentives to make money. Read his quote again.RaceBannon said:And builders don't need incentives to make money. That's hondo fucking stupid
Congrats -
Corrected.BearsWiin said:
Every fucker here just likes to argue for the sake of arguing, and not necessarily because he actually belives what he says.2001400ex said:
He didn't say builders needed incentives to make money. Read his quote again.RaceBannon said:And builders don't need incentives to make money. That's hondo fucking stupid
Congrats
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The middle class is living better than almost the entire world. Should we compare the middle class to any socialist/Marxist country? Tell us what the middle class doesn't have or can't do compared to what any middle class in the history of the United States has had. Should they all have million dollar homes and take a month long vacation anywhere in the world? Tell us about how they struggle to feed and clothe their children. How's the bliss in your world?WilburHooksHands said:
Yes our current iteration of capitalism is excellent at this. The middle class is thriving.salemcoog said:No other Economic system has pulled people out of poverty.
None. -
I didn't say he did. Incentives to put people in little boxes to ride the bus to their little job aren't needed. Builders build what people want. They make money without your fucking stupid incentives to build what people don't want.2001400ex said:
He didn't say builders needed incentives to make money. Read his quote again.RaceBannon said:And builders don't need incentives to make money. That's hondo fucking stupid
Congrats
I didn't think I needed to spell it out. I was wrong -
LA is proposing it. I linked it here awhile back. The thread was not @MikeSeaver popularCirrhosisDawg said:
What “LA” are you referring to? The state CEQA law is a notorious tool for NIMBYs, and municipalities add layers to the bureaucracy builders go through (density, parking, transit, prevailing wage, and other environmental). The one scared cow has always been affordable housing however, especially within LA County and the 88 incorporated cities.RaceBannon said:
It's not a dog whistleBearsWiin said:
I knowingly put that dog whistle in there2001400ex said:
Right about there, doogie, Pawz, sledog, and Race just started screaming communist!!!!!BearsWiin said:
Even in the early 1990's when I was working for the studios, most guys I worked with owned in Canyon Country, or further out in Palmdale/Landscatter because they preferred to have a 3000sqft home over a smaller Toluca Lake townhouse. That said, the Bay Area does a pretty pisspoor job of creating higher-density housing. Generally not as profitable as single-family homes, so it's up to local govt. to step in and create incentives for builders and developers to build housing that takes some pressure off of the transportation networks. Plus, sitting in traffic sucks.RaceBannon said:
The Bay Area is a hard one but not impossible at your level. Probably will need some kind of commuteWilburHooksHands said:
Fuck McMansions. I would live in Houston if there were any tech jobs there worth a shit.RaceBannon said:
You can buy a McMansion in Houston for 400KWilburHooksHands said:
I have a 6 figure salary and work in arguably the highest demand industry (tech). My partner (who has a higher 6 figure salary than me) and I can't even dream about buying a home within 30 miles of our workplace. Granted, I don't consider myself a millennial (I'm 36), but if we can't buy a house, things have just changed.RaceBannon said:I don't agree with @Sledog . The millennials I have worked with lived n the film room and are more than willing to do what it takes to win. Nothing has changed
I graduated high school in 1974 as America was descending in to hell. Guess what? Hard work still worked. Always has, always will
its idiots like mooster running around saying all is lost that need to get a fucking clue
Best thing I ever did was walking away from a career and starting over and working with millennials. We both benefited from it
That's why I defend them here.
Even in Cali you can get a nice house at your income levels.
When we bought our house the interest rate was double digits
What has changed is the banking laws after the crash. 20% down as a hard number is hard to come up with unless you bank most of your income for a year or two
Or work from home.
Local Cali government makes housing more expensive. That's what they're good at.
LA wants to tax home builders for affordable housing. Making housing more expensive to make it affordable
That's only part of the issue in the Bay Area. Like Seattle there's only so much room. Location will cost you
There’s a tax on affordable housing development? -
The tax is on regular housing to pay for affordable housing by the way. Making regular housing less affordable
A plan by our next governor -
Just fucking kill yourself loserMosster47 said:
Weed has already been monopolized by everyone knowing how to grow it. The government fucked up that cash grab.BearsWiin said:
I think the poont is that new industries will be created, not that new companies will challenge established industry leaders. Weed, renewable energy, and hoverboards are still up for grabs.Mosster47 said:
Right, because the fucking internet is going to be invented again.RaceBannon said:There is no more competition. Amazon, Google, eBay, and Netflix won. Seriously, what business are you going to start that some titan doesn't already have a complete monopoly on
The people that started those businesses weren't fucking stupid enough to think everything had been invented
CHRIST
How many new major car and oil companies have popped up in the last 50 years that have put a dent in the big boy's wallets?
Ford, Chevy, Chrysler.
Exxon, Shell, BP.
Anymore sound Boomer logic?
Renewable energy is a joke. My holdings in WNDW hit two weeks ago. Thanks for the 212%, but it's a joke. Our president is balls deep in cole.
Hoverboards that catch on fire after three hours?
The internet is already monopolized and the FCC just locked them in.
Millennials will be the generation that brings it all down by waiting for Baby Boomers to die and swooping their retirement dream homes for pennies on the dollar, shopping at thrift stores and outlets, and buying used cars and driving them until they die. The generation after them are even cheaper. -
You are so cute when moving the goalposts back tracking your FS comment.RaceBannon said:
I didn't say he did. Incentives to put people in little boxes to ride the bus to their little job aren't needed. Builders build what people want. They make money without your fucking stupid incentives to build what people don't want.2001400ex said:
He didn't say builders needed incentives to make money. Read his quote again.RaceBannon said:And builders don't need incentives to make money. That's hondo fucking stupid
Congrats
I didn't think I needed to spell it out. I was wrong -
LA is proposing it. I linked it here awhile back. The thread was not @MikeSeaver popCirrhosisDawg said:
What “LA” are you referring to? The state CEQA law is a notorious tool for NIMBYs, and municipalities add layers to the bureaucracy builders go through (density, parking, transit, prevailing wage, and other environmental). The one scared cow has always been affordable housing however, especially within LA County and the 88 incorporated cities.RaceBannon said:
It's not a dog whistleBearsWiin said:
I knowingly put that dog whistle in there2001400ex said:
Right about there, doogie, Pawz, sledog, and Race just started screaming communist!!!!!BearsWiin said:
Even in the early 1990's when I was working for the studios, most guys I worked with owned in Canyon Country, or further out in Palmdale/Landscatter because they preferred to have a 3000sqft home over a smaller Toluca Lake townhouse. That said, the Bay Area does a pretty pisspoor job of creating higher-density housing. Generally not as profitable as single-family homes, so it's up to local govt. to step in and create incentives for builders and developers to build housing that takes some pressure off of the transportation networks. Plus, sitting in traffic sucks.RaceBannon said:
The Bay Area is a hard one but not impossible at your level. Probably will need some kind of commuteWilburHooksHands said:
Fuck McMansions. I would live in Houston if there were any tech jobs there worth a shit.RaceBannon said:
You can buy a McMansion in Houston for 400KWilburHooksHands said:
I have a 6 figure salary and work in arguably the highest demand industry (tech). My partner (who has a higher 6 figure salary than me) and I can't even dream about buying a home within 30 miles of our workplace. Granted, I don't consider myself a millennial (I'm 36), but if we can't buy a house, things have just changed.RaceBannon said:I don't agree with @Sledog . The millennials I have worked with lived n the film room and are more than willing to do what it takes to win. Nothing has changed
I graduated high school in 1974 as America was descending in to hell. Guess what? Hard work still worked. Always has, always will
its idiots like mooster running around saying all is lost that need to get a fucking clue
Best thing I ever did was walking away from a career and starting over and working with millennials. We both benefited from it
That's why I defend them here.
Even in Cali you can get a nice house at your income levels.
When we bought our house the interest rate was double digits
What has changed is the banking laws after the crash. 20% down as a hard number is hard to come up with unless you bank most of your income for a year or two
Or work from home.
Local Cali government makes housing more expensive. That's what they're good at.
LA wants to tax home builders for affordable housing. Making housing more expensive to make it affordable
That's only part of the issue in the Bay Area. Like Seattle there's only so much room. Location will cost you
There’s a tax on affordable housing development?
Not my problem if you can't read.2001400ex said:
You are so cute when moving the goalposts back tracking your FS comment.RaceBannon said:
I didn't say he did. Incentives to put people in little boxes to ride the bus to their little job aren't needed. Builders build what people want. They make money without your fucking stupid incentives to build what people don't want.2001400ex said:
He didn't say builders needed incentives to make money. Read his quote again.RaceBannon said:And builders don't need incentives to make money. That's hondo fucking stupid
Congrats
I didn't think I needed to spell it out. I was wrong -
I didn't know Houston was Communist.WilburHooksHands said:
I lived under communism in the 70's. Nothing special.BearsWiin said:As somebody who has taught both political theory and comparative politics at the university level, I always find these threads to be an absolute hoot.
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Anywhere you need to sidestep shit on the sidewalk or needles in the park is fucked. Fuck CiscoRaceBannon said:
It's not a dog whistleBearsWiin said:
I knowingly put that dog whistle in there2001400ex said:
Right about there, doogie, Pawz, sledog, and Race just started screaming communist!!!!!BearsWiin said:
Even in the early 1990's when I was working for the studios, most guys I worked with owned in Canyon Country, or further out in Palmdale/Landscatter because they preferred to have a 3000sqft home over a smaller Toluca Lake townhouse. That said, the Bay Area does a pretty pisspoor job of creating higher-density housing. Generally not as profitable as single-family homes, so it's up to local govt. to step in and create incentives for builders and developers to build housing that takes some pressure off of the transportation networks. Plus, sitting in traffic sucks.RaceBannon said:
The Bay Area is a hard one but not impossible at your level. Probably will need some kind of commuteWilburHooksHands said:
Fuck McMansions. I would live in Houston if there were any tech jobs there worth a shit.RaceBannon said:
You can buy a McMansion in Houston for 400KWilburHooksHands said:
I have a 6 figure salary and work in arguably the highest demand industry (tech). My partner (who has a higher 6 figure salary than me) and I can't even dream about buying a home within 30 miles of our workplace. Granted, I don't consider myself a millennial (I'm 36), but if we can't buy a house, things have just changed.RaceBannon said:I don't agree with @Sledog . The millennials I have worked with lived n the film room and are more than willing to do what it takes to win. Nothing has changed
I graduated high school in 1974 as America was descending in to hell. Guess what? Hard work still worked. Always has, always will
its idiots like mooster running around saying all is lost that need to get a fucking clue
Best thing I ever did was walking away from a career and starting over and working with millennials. We both benefited from it
That's why I defend them here.
Even in Cali you can get a nice house at your income levels.
When we bought our house the interest rate was double digits
What has changed is the banking laws after the crash. 20% down as a hard number is hard to come up with unless you bank most of your income for a year or two
Or work from home.
Local Cali government makes housing more expensive. That's what they're good at.
LA wants to tax home builders for affordable housing. Making housing more expensive to make it affordable
That's only part of the issue in the Bay Area. Like Seattle there's only so much room. Location will cost you
I forgot puke but that's ok because it means somebody was partying their balls off. Ok SF good for some things but fuck the traffic. -
You should assassinate him.RaceBannon said:The tax is on regular housing to pay for affordable housing by the way. Making regular housing less affordable
A plan by our next governor -
For builders, single-family homes are profitable. High-density stuff like townhomes and condos are also profitable, but less so. Builders prefer to build single family homes for this reason; they're in business to maximize profit.RaceBannon said:
I didn't say he did. Incentives to put people in little boxes to ride the bus to their little job aren't needed. Builders build what people want. They make money without your fucking stupid incentives to build what people don't want.2001400ex said:
He didn't say builders needed incentives to make money. Read his quote again.RaceBannon said:And builders don't need incentives to make money. That's hondo fucking stupid
Congrats
I didn't think I needed to spell it out. I was wrong
People want affordable housing. Builders want to maximize profit. This leads to a suboptimal aggregate outcome unless local govt. steps in to provide incentives for builders to build housing that people want, where people want it, for a price they can afford.
That liberal rag The Economist spelled it out pretty clearly many years ago, specifically in reference to Bay Area housing policy. I paid special attention to it at the time because it dealt with how Bay Area local govt. incentives affected the housing market in the Central Valley, and why my parents' efforts to become Modesto property barons in the early 1990's didn't work out the way they hoped. -
POTDhaie said:
I picture you flipping burgers, phone in one hand while snickering like a fag as you post your next shitty link.2001400ex said:
I picture Race shaking his fist cussing out the clouds half the day when he's not on here.BearsWiin said:
Race just likes to argue for the sake of arguing, and not necessarily because he actually belives what he says.2001400ex said:
He didn't say builders needed incentives to make money. Read his quote again.RaceBannon said:And builders don't need incentives to make money. That's hondo fucking stupid
Congrats -
Sounds like you’ve read a lot of Academics writing about building theory.BearsWiin said:
For builders, single-family homes are profitable. High-density stuff like townhomes and condos are also profitable, but less so. Builders prefer to build single family homes for this reason; they're in business to maximize profit.RaceBannon said:
I didn't say he did. Incentives to put people in little boxes to ride the bus to their little job aren't needed. Builders build what people want. They make money without your fucking stupid incentives to build what people don't want.2001400ex said:
He didn't say builders needed incentives to make money. Read his quote again.RaceBannon said:And builders don't need incentives to make money. That's hondo fucking stupid
Congrats
I didn't think I needed to spell it out. I was wrong
People want affordable housing. Builders want to maximize profit. This leads to a suboptimal aggregate outcome unless local govt. steps in to provide incentives for builders to build housing that people want, where people want it, for a price they can afford.
That liberal rag The Economist spelled it out pretty clearly many years ago, specifically in reference to Bay Area housing policy. I paid special attention to it at the time because it dealt with how Bay Area local govt. incentives affected the housing market in the Central Valley, and why my parents' efforts to become Modesto property barons in the early 1990's didn't work out the way they hoped.
