Of course, the government would basically have to rebuild all the stuff that developers have from scratch, and then that department would be at risk of ossifying the way institutions with no competitors often do.
It’s not a doomed approach, but sometimes it’s made out to be more of a silver bullet than it is. In our current situation, the main obvious bottlenecks are zoning, labour shortages and NIMBYism.
Of course, the government would basically have to rebuild all the stuff that developers have from scratch, and then that department would be at risk of ossifying the way institutions with no competitors often do.
It’s not a doomed approach, but sometimes it’s made out to be more of a silver bullet than it is. In our current situation, the main obvious bottlenecks are zoning, labour shortages and NIMBYism.
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Shoutout to Calgary for abolishing single-family zoning. Housing starts are exploding as a result.