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JD really cooked here. - Addresses the housing problem as a supply issue - Tells cities they need to be a partner and work on pro-housing zoning reforms - Lifts up liberal Austin as example of a city that has done these things and seen rents stabilize and even... show more

YIMBYLAND

68,169 subscribers

1,083,790 Aufrufe • vor 1 Jahr •via X (Twitter)

Gesundheit & Wellness Bildung Nachrichten & Politik

Anya Rossi• Live Now

Private livecam show

11 Kommentare

Profilbild von Druw

Druwvor 1 Jahr

He also went on to blame to illegal immigrants for the rising cost of housing. So half good, half bad

Profilbild von California Insider Show

California Insider Showvor 1 Jahr

California has the nation’s highest housing costs. Some blame a housing shortage; others, government policies. We sit down with experts to explore what’s driving costs and discuss the state-mandated Housing Development initiative and why some cities push back.

Profilbild von Alex Dwyer

Alex Dwyervor 1 Jahr

Housing is a non-partisan issue! Everyone feels the impact of bad develop just as much as we all benefit from thoughtful development.

Profilbild von DreⱯd is Here 2024

DreⱯd is Here 2024vor 1 Jahr

Under no circumstances do you gotta hand it to him

Profilbild von Joseph John Nichols | Mortgage

Joseph John Nichols | Mortgagevor 1 Jahr

Seeing the same thing in Florida. Supply and demand. It’s unfortunately that simple

Profilbild von Milan

Milanvor 1 Jahr

He's cooked for appreciating zoning laws? Finally a place everyone can find common ground!

Profilbild von YIMBYLAND

YIMBYLANDvor 1 Jahr

“Another reason for the elevated costs comes down to zoning” You think that’s a positive comment?

Profilbild von Dan

Danvor 1 Jahr

Why don't they do this instead of the obnoxious stuff we all hate?

Profilbild von Max Meyer

Max Meyervor 1 Jahr

Awesome

Profilbild von Conifer Skyfall “Coni” Dragonheart

Conifer Skyfall “Coni” Dragonheartvor 1 Jahr

Even VP Vance praises Austin for that.

Profilbild von E

Evor 1 Jahr

Was this before or after he became trumps cuck?

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How can we understand the power of ideology? Stephen Kotkin offers up NYC Mayor Zohran Mamdani as an example: “So there's this young kid who's really adept at social media who just looks like he won the primary for a Democratic candidate for mayor in New York City. And one of the things he wants to do is freeze rents because he wants more affordable housing. So he's a complete idiot in terms of facts. The way to get more affordable housing is to build more housing. If supply massively increases and it exceeds demand, the price has to go down. It's proven again and again and again. And what rent control does or freezing of rent, it inhibits the building of new housing. Because who's going to build new housing when you can't make money off of it? Rent control is what produces the lack of affordable housing in the first place. So he sees what's the problem as the solution now. Now, is he a fool? No, he's a really bright guy. He's very well educated.”

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𝓜𝓐𝓖𝓐 𝕏 𝓣𝓘𝓜𝓔𝓢 𝓓𝓐𝓘𝓛𝓨 𝓝𝓔𝓦𝓢🇺🇸

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Zohran Mamdani rent controls will make things worse, New York regulations are the problem “Looking at our friend, Javier Milei, the president of Argentina, he has removed all rent regulation — In a year and a half, supply has increased and rents are down 30%” “You look at New York, for example, without going into too much detail, there's all these policies that are in place to help create more affordable housing. But unfortunately, it's a fundamental misunderstanding of supply and demand. There's a state program, for example, that says, okay, if you build a building that's over a certain number of units, then you have to change these wage structures and you need to have this percentage affordable and all that, and that cap is about 100 units, 100 apartments. So if you look at all of the 100% of the applications under the new program, to build these buildings in New York, 100% of them are 99 units or below. Looking at our friend, Javier Milei, the president of Argentina, he has removed all rent regulation from Argentina and Buenos Aires. In a year and a half, supply has increased and rents are down 30%. That's incredible. In a year and a half, two years, there is 40 to 50,000 by our estimates, vacant apartments in Manhattan that because of rent regulation are not being put onto the market. That's insane. So you could have, by just changing policy, you could increase increase a huge number of units, and you could also bring all these units back online, and you could cut the price of housing in New York, and we don't have to resort to socialism. They're only able to freeze rents on the regulated units, which means the free market rents can float. And also, if you make it impossible under that regime to build more apartments, guess what happens to the price of free market rents? They keep going up. They are going to skyrocket.”

Zohran Mamdani rent controls will make things worse, New York regulations are the problem “Looking at our friend, Javier Milei, the president of Argentina, he has removed all rent regulation — In a year and a half, supply has increased and rents are down 30%” “You look at New York, for example, without going into too much detail, there's all these policies that are in place to help create more affordable housing. But unfortunately, it's a fundamental misunderstanding of supply and demand. There's a state program, for example, that says, okay, if you build a building that's over a certain number of units, then you have to change these wage structures and you need to have this percentage affordable and all that, and that cap is about 100 units, 100 apartments. So if you look at all of the 100% of the applications under the new program, to build these buildings in New York, 100% of them are 99 units or below. Looking at our friend, Javier Milei, the president of Argentina, he has removed all rent regulation from Argentina and Buenos Aires. In a year and a half, supply has increased and rents are down 30%. That's incredible. In a year and a half, two years, there is 40 to 50,000 by our estimates, vacant apartments in Manhattan that because of rent regulation are not being put onto the market. That's insane. So you could have, by just changing policy, you could increase increase a huge number of units, and you could also bring all these units back online, and you could cut the price of housing in New York, and we don't have to resort to socialism. They're only able to freeze rents on the regulated units, which means the free market rents can float. And also, if you make it impossible under that regime to build more apartments, guess what happens to the price of free market rents? They keep going up. They are going to skyrocket.”

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