Green Folly
Regulation Drives Up LA Housing Costs
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  • LivingRock

    Now we can’t block the view of the Hollywood sign…

  • Jacksonian_Libertarian

    “In response, liberals often propose further redistributing resources to make the higher prices more bearable for lower-income families.”

    Giving the government more money and power is the first response to any problem for all leftists, and it is always the wrong thing to do. The Government Monopoly has the same lack as all monopolies, it lacks the “Feedback of Competition” that forces continuous improvements in Quality, Service, and Price in free markets. Unmentioned in the article is how hugely expensive it is to get permission to build in LA, with fees to the City of $50k+ per dwelling unit. They call it fees, but it is really just rent seeking government filled with useless bureaucrats being a burden on the productive private sector.

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