this post was submitted on 26 Dec 2024
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High housing prices are caused by government's zoning laws (www.nahro.org)
submitted 2 days ago by [email protected] to c/[email protected]
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[โ€“] Skullgrid 4 points 2 days ago

Every asshole with money : my investment is a house that I'm going to use exclusively for profit, instead of making investments in other things

Housing prices : skyrocket

This asshole : the gobmint did this !!!!11

[โ€“] crimsoncobalt 3 points 2 days ago

I think "are caused by" is too strong of a descriptor. It's more like zoning laws contribute to high housing prices. There are lots of factors that determine the cost of housing and zoning is just part of that.

The article doesn't mention anything like causality. From the article:

Restrictive land use regulations and zoning laws have been linked to higher housing prices, reduced construction activity, and a decrease in the elasticity of housing supply.