Viewing a single comment thread. View all comments

objectimpermanence t1_je2xoor wrote

Reply to comment by No-Practice-8038 in Rents high. What is your alternative to increasing housing supply? by paul-e-walnts

A few years ago, it was estimated that 40% of the buildings that exist in Manhattan would be illegal to build under current zoning rules.

That is the kind of market distortion that contributes most significantly to the housing crunch.

The biggest opponents of zoning reform in NJ & NY are left-wing activists, not developers and Wall Street.

5

AccountantOfFraud t1_je5gv5f wrote

>The biggest opponents of zoning reform in NJ & NY are left-wing activists

Don't think this is true at all. I've seen a lot more "Left-wing" activists calling for zoning reform such as removing parking requirements, increase in height, etc.

1