Jonathan Hopkins
Housing and development writer at Strong Towns, arguing that the professional, large-scale housing industry cannot produce widespread affordability no matter how it is deregulated or subsidised.
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Their wordsTo real estate professionals, slowing growth or declines in rent are often signals to stop building new housing.
↗Some Things YIMBYs Tend To Get Wrong (and Right)strongtowns.org 1st of 4 in this piece
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Their wordsMaking housing widely affordable today through the removal of development regulations would require allowing extremely low quality housing.
↗Some Things YIMBYs Tend To Get Wrong (and Right)strongtowns.org 2nd of 4 in this piece
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Our reading
Housing subsidies cannot scale to the size of the problem, and the YIMBYs are right to say so.
Their wordsWhile there are certainly some benefits to these programs, YIMBYs are right to doubt that housing subsidies alone are a scalable solution to affordability challenges.
↗Some Things YIMBYs Tend To Get Wrong (and Right)strongtowns.org 3rd of 4 in this piece
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Their wordsAs is the case with most businesses, suppliers in the housing industry generally set prices based on market conditions and what buyers or tenants are willing to pay, rather than on production costs.
↗Some Things YIMBYs Tend To Get Wrong (and Right)strongtowns.org 4th of 4 in this piece