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Metropolitan DC Local Politics
Reply to "What do you think of YIMBYs?"
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[quote=Anonymous]Density increases land values. Cost per s.f. To build decreases with scale (but increases with regulation and government rent-seeking fees). Building new houses in desirable areas with density limits increases land costs faster than increased building supply reduces prices. #1: abolish, or severely reduce, zoning limits. Think Houston, TX or maybe Tokyo, JP #2: eliminate government-associated costs of building. Require builders to be bonded to provide engineer-approved documentation of building practices. #3: recapture the land-value increase due to density with land-value taxes. (Also works for land-value increases due to metro stations, better schools, safer parks, fun playgrounds, transportation access, public safety, convenient shopping, generous employers, etc.) [/quote]
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