Oh if only you were right — plenty of renters also vote to maintain zoning, fearing that their neighborhoods will otherwise change for the worse, and rent control guarantees they can’t afford to move.
Sure, land is limited. But housing is not 1:1 with land! Housing supply is inelastic, but population growth is also slow, and it’s absolutely not a lack of construction capacity that prevents new housing. It’s inelastic because our laws make it so.
The folks lobbying for these laws are interest groups like any other. The problem is they’ve also suckered too many others in to the belief system that neighborhoods must never change or grow.
Sure, land is limited. But housing is not 1:1 with land! Housing supply is inelastic, but population growth is also slow, and it’s absolutely not a lack of construction capacity that prevents new housing. It’s inelastic because our laws make it so.
The folks lobbying for these laws are interest groups like any other. The problem is they’ve also suckered too many others in to the belief system that neighborhoods must never change or grow.