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"Of course I'm talking about zoning, I'm just rejecting the black/white corner you're trying to paint me in."

I'm not trying to paint you anywhere beyond the words you've chosen to express yourself with. Rather than always repeating the black and white statement that...
""My point is simple: constraints on supply mean that the market is not operating efficiently. Our current housing market is not efficient at all."

The implication is clear. Anything that constricts efficiency isn't good, unless you add the gray shades from which we both agree life resides in. You don't call for the elimination of regulation, but when you say...

"I like Ryan Avent's approach that states we don't know where exactly we are on that spectrum, but looser regs (in terms of supply, e.g. density) are better and will allow the market to work more efficiently."

...the implication is clear. If looser regs are better, no regs are the best. If you acknowledge that some reg's are a necessary evil, then I'd say they aren't evil, if they protect us all from something truely evil. You end by saying that you fail to understand how restricting supply is 'fair'. Again, "loosend regulations" would still be unfair then becasue they defacto restrict some supply. Much like Warren Buffet assures us that higher imcome tax won't stop a trader from making money on a good deal, I don't think some regulations keep developers from making money where there's some to be made.

by Thayer-D on Dec 20, 2012 9:06 am • linkreport

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