I don’t know how many anti-market leftists have told me “developers will never build enough housing to reduce rents”, and yet here we are.
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Attachment to zoning by progressives is baffling when the concept has such a cursed racial history and is one of the pillars of car culture. Yet they're seemingly waiting for a benevolent Robert Moses to appear from heavens.
I'm leftist but old enough to remember the Savings & Loan crisis, partly brought on by the vast overbuilding of commercial real estate
But the new apartments have chrome appliances! Totally chrome! They MUST be reserved for rich people!
It’s bizarre to me that leftists think of property developers as omniscient experts when, left to their own devices, developers are greed-addled herd animals that overbuild late in a boom and then have issues when the tide recedes.
yeah but now they need to share austin with normal people and not just cool people this isn't praxis :(