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rvafun100 t1_itsagi7 wrote

Reply to comment by plummbob in Rent too damn high? Landlords have formed an illegal cartel according to several reports by cogitator_tertius

It’s a common scapegoat for those like you who think the market is free

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plummbob t1_itsao3g wrote

We have a housing shortage not because we lack wood or copper, but because it's literally illegal to add more homes to the lots that exist.

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RVAMS t1_itsaygj wrote

So wait is it because it's illegal or the cost of development is too high I am getting confused now.

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plummbob t1_itsbffr wrote

Restrictive zoning makes most development illegal, and creates costly barriers to the development that does take place.... ie only allowing large scale apartment projects but keeping townhouses illegal

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rvafun100 t1_itsft5g wrote

Take a walk outside. Townhouses are illegal? LOL, walk around Hardywood…then over to Maggie Walker…plenty of 500k and up townhouses being built

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