...and, wow, just 18 months later, EVERYBODY is certainly trying, hard, to fix housing, trying different things. Of course, she remains correct, since none of these things have yet fixed housing.
She'll remain correct if these things are all carefully chosen, as in the past, to look like they're trying, but do not lower property values - Jen's point. She's basically working from the Beaverton headline "Homeowners demand something be done about housing, except anything that would raise property taxes, or lower property values".
I read this in hopes that it will work, but until it does, it hasn't. I've become very untrusting of proposals.
I think Jen Gerson's argument overestimates the role of property values. Housing opponents aren't afraid of declining property values (why would they be afraid of something they don't believe will happen?), they're afraid of change to their particular neighbourhood. That's why opposition to new housing is always hyperlocal, and can be defeated by making the decision at a higher level. https://morehousing.ca/against-defeatism
The most famous post at The Line is Jen Gerson's "Nobody is Going to Fix Housing":
https://www.readtheline.ca/p/jen-gerson-no-one-is-going-to-fix
...and, wow, just 18 months later, EVERYBODY is certainly trying, hard, to fix housing, trying different things. Of course, she remains correct, since none of these things have yet fixed housing.
She'll remain correct if these things are all carefully chosen, as in the past, to look like they're trying, but do not lower property values - Jen's point. She's basically working from the Beaverton headline "Homeowners demand something be done about housing, except anything that would raise property taxes, or lower property values".
I read this in hopes that it will work, but until it does, it hasn't. I've become very untrusting of proposals.
I think Jen Gerson's argument overestimates the role of property values. Housing opponents aren't afraid of declining property values (why would they be afraid of something they don't believe will happen?), they're afraid of change to their particular neighbourhood. That's why opposition to new housing is always hyperlocal, and can be defeated by making the decision at a higher level. https://morehousing.ca/against-defeatism
There was a recent Nanos poll showing that 70% of people would either be "happy" or "somewhat happy" if home prices dropped. https://www.bnnbloomberg.ca/home-prices-in-canada-are-so-stretched-that-even-owners-want-them-to-fall-1.1970307.amp.html