But what the Dutch are proposing sounds like race based Price controls.
Price controls never work.
The solution to your problem is the famous supply and demand equation. Ontario has a lot of rules to prevent new buildings being built. This reduces the supply.
Houston is famous for having very few restrictions on new houses being built. And always avoided housing bubbles more than many other areas.
If it's race-based, I wholeheartedly agree. Of course, assessing based on income or socioeconimic status could just become a proxy for race.
To your point on supply and demand, I'd tend to agree as well except that we're facing extremely high immigration rates. Also, keep in mind that these policies actually favour developers. They now get to build fewer homes but make as much money as they otherwise would because the prices have been ballooning that quickly (prices have effectively doubled in five years).
It looks like the most practical approach now is to just leave, but people fleeing doesn't improve the situation.
But what the Dutch are proposing sounds like race based Price controls.
Just pointing out, we're so used to "marginalized" meaning racism in the US it's understandable but I can't find anywhere that it says race rather than income -
This concerns owner-occupied homes up to 355,000 euros, the AD writes . These may no longer be sold to just anyone. Instead, the municipality can force a house below this price to go to a buyer with a middle or low income.
I'm sympathetic to your situation.
But what the Dutch are proposing sounds like race based Price controls.
Price controls never work.
The solution to your problem is the famous supply and demand equation. Ontario has a lot of rules to prevent new buildings being built. This reduces the supply.
Houston is famous for having very few restrictions on new houses being built. And always avoided housing bubbles more than many other areas.
If it's race-based, I wholeheartedly agree. Of course, assessing based on income or socioeconimic status could just become a proxy for race.
To your point on supply and demand, I'd tend to agree as well except that we're facing extremely high immigration rates. Also, keep in mind that these policies actually favour developers. They now get to build fewer homes but make as much money as they otherwise would because the prices have been ballooning that quickly (prices have effectively doubled in five years).
It looks like the most practical approach now is to just leave, but people fleeing doesn't improve the situation.
Just pointing out, we're so used to "marginalized" meaning racism in the US it's understandable but I can't find anywhere that it says race rather than income -
This concerns owner-occupied homes up to 355,000 euros, the AD writes . These may no longer be sold to just anyone. Instead, the municipality can force a house below this price to go to a buyer with a middle or low income.