There are a lot of things that can drive up housing prices. Land use restrictions and zoning laws often limit the amount of homes being built. This increases the cost of housing as more people compete for fewer homes. High housing costs more often than not reflect government intervention of some form which has the net affect of hurting those who are starting out and often have a lower financial means.
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Originally posted by Valerius PoplicolaIs that why houses always cost more in Democrat controled states than in Republican controled states? Silly interference from government? Or DO Red states have lower housing than Blue states? Hmmmm. It might be a false premise. Or it might be a handy exception to the goodness of Socialism. I wonder.
There are a lot of things that can drive up housing prices. Land use restrictions and zoning laws often limit the amount of homes being built. This increases the cost of housing as more people compete for fewer homes. High hou ...[text shortened]... ose who are starting out and often have a lower financial means.
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Originally posted by Valerius PoplicolaSee. We can agree on the obvious. Hope I didn't lean on you too hard. It's a kind of initiation I give everyone. A thousand challenges. No debates. Maybe it's my demeanor? Or perchance my lack of "Decorum"? I'll have to give you an A on that word. Can't say it has ever graced this forum.
It is why housing costs are so high in California, especially in the Bay area.