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jmyeettoday at 4:31 AM2 repliesview on HN

Fundamentally as a society we need to stop treating housing as an investment. It is and should be a utility.

Suring property prices is a relatively new phenomenon (as in, post-WW2). The true origins of NIMBYism, at least in the US, is (you guessed it) racism. Long before segregation ended, and long after, there was economic segregation. Redlining [1], HOAs [2], the post-WW2 GI Bill [3], where highways were built [4][5], etc.

In fact this is a good rule of thumb: if you're ever confused why something is the way it is in the US, your first guess should pretty much always be "because racism".

[1]: https://en.wikipedia.org/wiki/Redlining

[2]: https://www.furman.edu/fu/placing-furman/what-are-racially-r...

[3]: https://www.history.com/articles/gi-bill-black-wwii-veterans...

[4]: https://www.npr.org/2021/04/07/984784455/a-brief-history-of-...

[5]: https://www.bloomberg.com/news/articles/2017-07-09/robert-mo...


Replies

aqme28today at 8:21 AM

Yes. A lot of people are happy when housing prices rise, because it benefits them. But higher housing prices are worse for us as a society.

Similarly, higher gas prices benefit the gas industry but we shouldn't let that dictate policy.

: unfortunately, we somewhat do.