Deregulation will surely help the housing crisis 🤡
Deregulation will surely help the housing crisis 🤡
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234 comments
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Do you people actually think the housing market is a free market????? It's one of the most overly regulated markets! Zoning laws restrict what kind of housing can be built all over the US. Getting rid of those would allow for more mixed style housing and that is one example of de-regulation and making a freer market.
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It would also allow Exxon to install an oil rig 15 feet away from your backyard privacy fence and there's not shit you can do about it. Zoning laws exist for a reason. They're a bit shit, yes, and changing the way they work would go a long way toward improving America's reliance on cars. But blanket removal of regulations is never the answer for any industry anywhere. We should know better by this point that unregulated capitalists will extract every last drop of value from a given proposition with no regard to anyone else impacted by it. It's happened hundreds of times already.
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You're conflating the meme's argument with a whole host of problems designed to segregate and let companies profiteer off of single-family housing.
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234 comments