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A few drinks in, and I immediately start talking about the inevitable collapse of humanity in the hands of capitalism. (lemmy.world)

submitted 6 months ago by [email protected] to c/[email protected]

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[–] [email protected] -5 points 6 months ago* (last edited 6 months ago) (13 children)

So your theory is that housing is so expensive because of less regulation? And if we had more regulations in how houses are built housing would be cheaper?

[–] [email protected] 4 points 6 months ago (12 children)

Yes, of course. Banning short term rentals for example is a regulation that would put downward pressure on housing prices. Banning investment companies such as Blackrock, Blackstone, etc from purchasing single family homes, duplexes, 4-plexes and the like would do the same. Whereas the lack of regulation around these things has contributed to home price inflation. The idea that people are unable to afford homes because there is too much regulation holds water like a sieve.

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