kspaans.bsky.social
Of Code ⌨️,
Bass 🔊,
and Brew ☕️
(and urbanism🔰)
20 posts
46 followers
220 following
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Conversation Starter
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Probably the closest I’ve seen to collaboration is handing free cash to boomer urban homeowners in the form of convincing them to turn their homes into plexes.
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I see your point that the Y/N-IMBY binary is reductive. But getting the housing built is also a binary outcome! Many will say “cities are full, don’t make me pay more, and you go live somewhere else” regardless of the size or density of the municipality.
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Where are the NIMBYs being collaborative, though? They aren’t willing to pay higher taxes for their exclusive homes. Suburban NIMBYs don’t want to pay tolls or high parking fees. And small town/city NIMBYs use the exact same complaints if too many people want to move out of large cities.
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Yeah property taxes as they currently exist are a huge part of the problem. Often a landowner simply has no incentive to develop their land (be they commercial or residential landowners).
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Actually it may not even be that bad of a policy lever if we support them with a generous down payment structure (e.g. 10% spread monthly over 3 years or something like that)
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Let the 18-year-olds buy pre-con condos to live in when they move out of their parents’ homes! 🎂 (how much could it cost, $10?)
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He’s also got a weird hate-on for any flavour of multi-family home. “Dog crate condo”? More like dog-whistle.
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Some related anecdata. Last year, a 2-bedroom in a 1970s building in my neighbourhood was $2900. This year, it's $2500. And a 2-bed in a nearby 2008 building is $2650. Not because these landlords got nicer, but because completed new builds helped lower demand in the overall market.
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Now at the meat of the home-building promises: I'm not sure that the Federal gov being its own developer is actually a great idea or substantially better than leasing public land to non-profits, but it carries the great potential advantage of being able to ignore zoning. And,...
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Most MPs are landlords: ismympalandlord.ca
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It doesn’t even benefit them much either: their land could be worth 3x, if it was legal to build apartments on it.
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tired: "the market can stay irrational longer than you can stay solvent"
wired: "the president can stay irrational longer than the entirety of global capitalism can stay solvent"
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A good illustration if you haven’t already seen it: morehousing.substack.com/p/michael-wi...
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Because it was affordable when it was purchased. It’s greed, not economics that makes condos cost $800k instead of $200k
</sarcasm-but-also-kinda-not>