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Free trade, open borders, taco trucks on every corner. Latest discussion thread: April 2024 **We in m/Neoliberal support:** - Free trade and competitive markets

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Democracy, human rights, civil liberties and due process Neoliberals can be found in many political parties and we are not dogmatic supporters of specific parties. But we tend to find ourselves agreeing more often with parties that espouse liberal values, internationalism and centrist economics, such as the Democrats in the US, Liberal Democrats in the UK, FDP in Germany, Renaissance/MoDem in France, the Liberal Party in Canada, and so on. **Further reading** - I’m a neoliberal. Maybe you are too.
The neoliberal mind
Neo-liberalism and its prospects
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founded 1 year ago

Strong Towns: New Zealand’s Legalization of Incremental Housing Is Bearing Fruit (www.strongtowns.org)

submitted 1 year ago by nbafantest to c/[email protected]

4 comments fedilink hide all child comments

Summary: The “downzoning” of the 1970s and 80s and resultant single-family zoning across the island nation in many ways mirrored the suburban development pattern visible across the U.S.

However, when an 11% spike in population between 2013 and 2018 strained supply in Auckland, the nation’s largest city by both population and landmass began reevaluating where it was headed. The city’s home prices doubled between 2009 and 2016, Business Insider reported. “People even began to pay hundreds of dollars a month to rent garages in Auckland without bathrooms or kitchens.”

Unwilling to continue down this path, Auckland turned to incremental development. In 2016, the city upzoned approximately three-quarters of its residential land area under the Auckland Unitary Plan, legalizing duplexes, triplexes, and townhomes on single-family lots.

The number of construction permits issued more than doubled. “New housing units permitted have increased every year since the policy was enacted, with all of these increases occurring in the city’s upzoned areas,” a 2021 research paper by Ryan Greenaway-McGrevy, the Director of Economic Policy at the University of Auckland, stated.

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[–] [email protected] 3 points 1 year ago (2 children)

So instead of people owning their own homes, they’re renting. It seems like no matter the city, landlords are the problem. If you want to own land you need to actually live there, period.

Before you comment, I get it “it’s an amazing financial plan” but also, it fucks people over. If you’re not actively living someone and some else is — it’s not your place.

In some parts of the US there’s a thing called “common law marriage” there should be “common law housing” if I live here for 7 years its mine

[–] nbafantest 3 points 1 year ago

So instead of people owning their own homes, they’re renting.

I think I'd phrase it as "instead of being forced into homelessness because there was literally no where to live, now there are new units to live in"

I think your two options are not correctly describing the situation.

[–] [email protected] 2 points 1 year ago* (last edited 1 year ago) (1 children)

The problem is actually more complicated than just landlords. They, by-and-large, exist and operate within the system as it allows them to. A landlord does two major things, one of which is a very important part of the housing market.

They (sometimes) develop and (are supposed to) maintain housing.
They own valuable land and extract value from it based on the desirability of the surrounding community.

People take issue with both points largely because slum lords exist and limited housing stock in desirable neighborhoods drives up prices to exorbitant levels. Furthermore, there is incentive by homeowners to not build new housing stock to keep prices high.

In my opinion, many of these problems could be alleviated with a land-value tax.

Edit: grammar and clarity

[–] [email protected] 2 points 1 year ago

I honestly have never heard a convincing argument for not having a land-value tax.