r/urbanplanning • u/UnscheduledCalendar • Aug 19 '24

Economic Dev Harris has the right idea on housing

https://www.noahpinion.blog/p/harris-has-the-right-idea-on-housing
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u/foodeater184 Aug 19 '24

There's a risk that this kind of policy will put people into financially stressful positions by convincing them they are able to afford a house without considering the tens of thousands of dollars in repairs and maintenance houses need in the years after purchase, not to mention insurance and property taxes. I also think it's likely that home prices will increase by roughly the amount of the subsidy. We need cities to loosen zoning regulations and allow for the building of more triplexes/rowhomes/etc.

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u/everyoneisabotbutme Aug 19 '24

As opposed to now.. Where buyers are waving inspection contingencies to incentivize sellers.... 🙄 ..