Greater Greater Washington

Report a Comment

@ Alex B.
"My point is simple: constraints on supply mean that the market is not operating efficiently. Our current housing market is not efficient at all."

I'm assuming by constraints you mean regulations such as zoning which dictate what can be built where and how large can it be, like height restrictions. Does this mean that only a city with no zoning has an efficiently operating market? That would mean that places like Houston are efficient markets while DC is incredibly inefficient. What if some of those very regulations (like form based codes)ensure the building of a lovely environment which spurrs the market along, while no zoning creates the opposite. Isn't the "free market" full of developers wanting to control their developments with regulations (HOA) to ensure their investments? Where's this clear line you're implying between efficiently running markets and not? I'm afraid it's not that simple.

by Thayer-D on Dec 19, 2012 8:10 pm • linkreport

Does this comment violate Greater Greater Washington's comment policy? If so, you can report it using this form and an editor will take a look.

What is the major reason you believe the comment violates the policy?
Comment is spam.
Comment attacks other individuals personally.
Comment criticizes the level of knowledge of another commenter or contributor.
Comment discourages others from posting their ideas.
Commenter is impersonating someone else.
Comment uses profanity or abusive language.
Comment advocates violent acts or harm to another.
Comment was posted in multiple areas of the site.
Comment is arguing about the comment policy.

Your name:
Your email:

Administrator pagespam