Reply to What do you think of YIMBYs?

Forum Index » Metropolitan DC Local Politics

Reply to "What do you think of YIMBYs?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=cap_hill_biker]Any anti-YIMBY needs a class in supply and demand. It's that simple. DC has not built enough housing compared to population and job growth over the past 10 years.

Hence, prices go up.

Condos in Iowa are cheap for a reason, people.[/quote]

And YIMBYs need to rely upon advanced economics and not simply what they learned for a semester in high school (every single YIMBY seems falls into this trap). In certain cities with constrained borders -- NYC, SF and now DC, to name a few in this country -- demand is always going to outstrip supply, no matter how much is built. This will keep prices high, again no matter how much is built. Simply saying "build it and prices will fall" is not necessarily correct. In the case of housing, building more means prices might actually go up, not down, especially when everything that gets built is on the luxury end (as is the case now in DC). [/quote]

Again, proven wrong in many areas of the country during covid. I'm a landlord, I can't raise rent if the unit is sitting empty. Common sense.

A renter's best bargaining tool is a functioning housing market, not subsidized slums or "affordable" housing.

There are many, many studies supporting this. "Luxury" apartments are only luxury because it's the only thing builders can do with all the red tape.

https://cityobservatory.org/building-more-housing-lowers-rents-for-everyone/[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics