Current Events > Bipartisan bill to slash child poverty

(+) Yeah! (+)

Questionmarktarius posted...

The issues with building a post-war shoebox are multiplied a couple hundred times when building an apartment tower.

apt towers are going up all over the place what are you talking about

http://eyeonhousing.org/2019/08/multifamily-construction-data-2nd-quarter-2019/

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Balrog0 posted...

people are very price sensitive to tobacco products

https://www.healthaffairs.org/do/10.1377/hpb20160919.471471/full/

While the price elasticity of tobacco demand varies depending on the demographic, the rule of thumb in the United States is that a 10 percent price increase on a pack of cigarettes results in anywhere from a 2.5 percent to a 5.0 percent overall decline in smoking, with most studies showing an average 4.0 percent drop.

Doesn't this say they're actually pretty price inelastic? The elasticity is between 0.25 to 0.4 and it implies cigarette companies (if they acted in unison) could make more money by raising prices
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Sackgurl posted...

apt towers are going up all over the place what are you talking about

http://eyeonhousing.org/2019/08/multifamily-construction-data-2nd-quarter-2019/

Good.
Affordability will come about when the housing stock is finally adequate, not because of rent controls and set-asides.

Questionmarktarius posted...

Sackgurl posted...

unless by "the system" you mean the mismatch between cost of living in america and worker market value

Affordable housing isn't affordable.

http://www.businessnorth.com/minnesota_public_radio/
constructing-affordable-starter-homes-nearly-impossible/
article_335608ee-6124-11e9-a7b8-8f00a170c32d.html

Heuer said he thinks the labor and lumber costs will eventually come down. What he's really worried about is the cost of regulation.

Heuer said some regulations are very important, like the ones that protect lakes from storm water runoff or that increase a home's energy efficiency. The problem, he said, is that municipalities often add regulations, but seldom remove regulations they've already put in place. Over time, building codes just become more and more complex.

Cities across the metro set their own density restrictions, which limit how many homes can be built on any given piece of land. They also determine how small a house is allowed to be. Many of those small, post-war houses that were affordable to the country's growing population after World War II wouldn't be allowed to be built today.

What kind of regulations and building codes generally need to be removed? Apart from just size restrictions
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Questionmarktarius posted...

Good.
Affordability will come about when the housing stock is finally adequate, not because of rent controls and set-asides.

housing isn't really the primary problem

the primary problem is debt

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