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The YIMBY point of view

By Patrick following x   2018 May 29, 8:08pm 937 views   6 comments   watch   nsfw   quote     share    

This guy does a good job of explaining the YIMBY point of view:


This point in particular is kind of ironic:

4. In an environment of housing scarcity, landlords have so much leverage that they can completely hijack leftward progress. Wage increases, subsidized health care, and subsidized child care just end up allowing people to pay more for rent, and the landlords can & will demand it.
1   BayArea   ignore (1)   2018 May 29, 8:29pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

Yes, point #4 is absolutely true.

In big metro cities, rents will be as high as people can afford to pay (as long as supply is at least slightly lower than demand)
2   FortWayne   ignore (4)   2018 May 29, 8:59pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

Left needs to stop subsidizing everything, and prices drop quick.

Stupid government extravagant spending causes inflation. Just like in Carter economy.
3   Hugolas_Madurez   ignore (4)   2018 May 29, 9:32pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

It's YIYBY, technically.
4   P N Dr Lo R   ignore (0)   2018 May 29, 9:37pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

FortWayne says
Stupid government extravagant spending causes inflation. Just like in Carter economy.
I wasn't reading the WSJ in the 1970's, so a couple of years ago I went to the library and found the mid-70's issues and read through some of the commentary. There was a good article in about 1975 or 1976 by Vermont Royster (1914-1996) who was editor of the editorial page from 1958 to 1971. The gist of it was that regardless of how rich a country is, it can't afford to subsidize everything, which at that time in the beginning years of the Great Society seemed to pretty much be the philosophy and thus ten years later the country was ravaged by double digit inflation at the same time as economic stagnation, partially aided by the OPEC embargo, but the inflation was well underway beginning in the late 60's and OPEC just exacerbated it. By 1980 welfare spending was between 3% and 4% of GDP and peaked at 4.75 in 2010. It's something like 2.5% today.
5   BayArea   ignore (1)   2018 May 29, 9:52pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Hassan_Rouhani says
It's YIYBY, technically

6   APOCALYPSEFUCKisShostikovitch   ignore (38)   2018 May 29, 10:12pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Anyone can buy a house and rape every last some from tenants. It's not a bug. It's gods law.

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