Brickbat: Who Could Have Foreseen?

In the first three months after St. Paul, Minnesota, voters approved a rent control law, building permits for multifamily housing are down 80 percent, even as overall construction is up. Unlike rent control laws in other cities, the Minneapolis law does not exempt new units. Some units that were already planned before the law passed are still going forward, but developers said they are going to price the rents higher than they had planned.
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post comments
Because in Communist Societies housing and land doesn't belong to the People; They ALL belong to the government.
And *ALL* the labor does too..
Enter Government Slavery 101.
Until someone notices the tag-name 'government' doesn't exempt that entity from being any different than the Gov-Gun toting Nazi's.
How those Gov-Guns are used means everything! They're either used to enslave society, kill society or defend Freedom from those who wish to take it away for their own SELFISH greed/unearned comfort.
I make 85 dollars each hour for working an online job at home. I never thought I could do it but my best friend makes 10000 bucks every month qwe11 working this job and she recommended me to learn more about it. The potential with this is endless.
For more detail.......... http://currentjobs64.Cf
A Cuban poet wrote about how wonderful it is that the people owned and shared everything until he painted (anti-castro graffiti) on one of 'the people's' walls.
Then a Judge informed him it was Castro's Wall, not his and allowed him to be gently re-educated for 5 years.
The People is everyone except you.
Government is what we do to legally fuck with each other.
Their feelings don't care about your facts.
Damn. Now what are they going to burn down?
But we WANT rents to be low!
No problem. The voters now need to approve a plan for the construction of new apartment buildings. Like magic*.
*Magic might require condemnation of property, confiscation of bank accounts, and conscription of labor. But all for a good cause.
We are all in this together.
Public housing is going to be making a big comeback. We'll have to eminent domain and destroy vast swaths of poor homes to do it though. Gotta break some eggs in order to make that omelette for the bureaucrat with a quota to meet.
You don't believe this is the way they think in St. Paul?
How anyone can look at the effects of rent control policies and believe they need to impose that on their city is mind boggling.
Because the root of the problem is capitalism [aka corporate greed] and it must be eradicated.
As any utopian believer will tell you, we must all share and share alike; then it will be like living in a Star Trek movie.
Star Trek has magic replicators that make chicken soup out of nothing. It's literally the most scarcity economy. Like elves living in Gondolin, it's literal paradise. If it weren't for those damned red state orcs...
Yeah, but it'll be like living in the shitty Abramsverse star trek.
The Star Trek "post-scarcity" theme always amuses me, as if people just stop thinking when utopia is reached.
People like uniqueness, and they like having things that no one else has. If 3D printers and cheap raw input make Rolls-Royces and personal 747s possible for the masses, people will pay artistic types to come up with unique paint jobs, and they will modify designs to be unique. People will modify their homes, clothes, toys, and everything else, and will spend a lot of money and time doing it themselves if necessary.
"Post-scarcity" is such a silly notion.
To add to the subject slightly: Post-scarcity is very similar to Karl Marx's contention that government will simply disappear in a utopia. What a laugh. Activists and political types have always, and will always, make up problems that need solving, which is an overlooked lesson of "Chicken Little": the sky will always be falling for some polity. As a modern example: when the USSR broke up, there were conferences in the West with speeches promoting that activists and political types needed to find the "next big thing" to motivate political energy among the masses, given that communism had mostly been vanquished. Global warming (today called "Climate Change") was suggested. So today the big issues are Climate Change, Diversity Equity and Inclusion, along with a host of issues jostling in the wings should one of these happen to fall out of favor.
IOW, life has become too easy for too many, and need hierarchy gets elevated. Really elevated, to ridiculous extremes.
My question is what will be the result as life is rendered intolerable for those on the short end? Yesterday's article about civil war didn't really cover it.
Most of them have relatives who need jobs as rent control administrators.
*checks prevailing narrative*
This is Putin's fault. Or possibly capitalism.
dude. Kroger.
Duh
If I were building apartments in St Paul right now, I'd be converting them to condos.
This.
https://reason.com/2022/02/21/brickbat-you-have-to-move-2/