this post was submitted on 23 Aug 2023
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Leaked Zoom all-hands: CEO says employees must return to offices because they can't be as innovative or get to know each other on Zoom::Zoom CEO Eric Yuan discussed the benefits of in-person work in a leaked meeting.

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[–] LadyAutumn@lemmy.blahaj.zone 27 points 1 year ago (5 children)

Yes... heavily regulated... thats why an entire generation of people live with their parents because housing costs are many orders of magnitude too expensive for them to afford. Yup. That's a clear sign that the government is putting heavy regulations on the cost and distribution of real estate.

I'm sorry, but the very premise that in our present society real estate is even lightly regulated is utterly ridiculous on its face value. As is the concept that deregulation will make housing affordable. Letting landlords and capitalists do whatever they want with all property will somehow make property cheaper? People motivated solely by profit will make everything cheaper? No, they will continue to sell property at increased costs so they can increase their profits as they always have.

[–] meat_popsicle@sh.itjust.works 3 points 1 year ago (2 children)

You have no clue what zoning does to buildability, do you.

Hint: insane ass zoning rules are government regulations. You really want revised government regulations.

[–] uis@lemmy.world 6 points 1 year ago* (last edited 1 year ago) (1 children)
[–] Dozzi92@lemmy.world 3 points 1 year ago (1 children)

And way up this thread was referring to localized laws. And you can force certain changes at higher levels, just gotta be prepared for the lawsuit that follows. State of NJ having a huge issue with affordable housing, and Fair Share basically taking a court ruling and running with it and essentially forcing towns to build, or else.

[–] SCB@lemmy.world 0 points 1 year ago

Or Newsom just flat out removing zoning restrictions via state law in Cali.

What a Chad.

[–] dartos@reddthat.com 3 points 1 year ago

Regulation doesn’t automatically mean better.

You can make regulations that benefit large real estate corporations and that’s still regulation.

We have a lot of that in the parts of US. There are rules encouraging landlords to keep high rental rates bc if they lowered it, they’d have to offer that to other renters as well. Many landlords choose to have empty rooms and keep that high rental rate.

[–] SCB@lemmy.world 2 points 1 year ago (1 children)

This is literally why housing is so expensive. Local governments (or worse, federal), pass stifling legislation that prevents building, almost always due to localized pressure.

[–] uis@lemmy.world 1 points 1 year ago (1 children)

Meanwhile in Russia there is opposite problem: too much housing. And there are a lot of regulations.

[–] SCB@lemmy.world 1 points 1 year ago

And all of those regulations are extractive, but in the opposite direction

[–] Aux@lemmy.world 0 points 1 year ago (2 children)

Well, I don't know where you live and maybe in your country nothing is regulated, but I live in Europe and in most European countries there are excessive building regulations which prohibit new developments. This results in severe stock shortage. And shortage drives the prices up. That's just a fact.

The whole problem is created by the government and they're the only ones responsible.

[–] Serdan@lemm.ee 0 points 1 year ago (1 children)

I live in Copenhagen, and there are new developments going up every day.

[–] Aux@lemmy.world 1 points 1 year ago (1 children)
[–] Serdan@lemm.ee 0 points 1 year ago (1 children)

The point being that Denmark also has regulations...

[–] Aux@lemmy.world 1 points 1 year ago

Regulations can be different. Some regulations state what the quality of the building should be, but some state that developers can fuck off.

[–] Cryophilia@lemmy.world -4 points 1 year ago (1 children)

Are you really that ignorant of the housing market? Zoning regulations are the #1 blocker for new housing being built. More regulation = less housing. Just think about it for half a second.

Also, more housing = lower cost. Supply and demand, dude.

[–] Stumblinbear@pawb.social 1 points 1 year ago* (last edited 1 year ago) (1 children)

I'd argue it's more the homeowners themselves. They don't want high density housing built near them because it drives down the value of their house, so it doesn't get built. Voting records tell that story extremely well.

[–] Cryophilia@lemmy.world 1 points 1 year ago (2 children)

You'd be wrong. Local homeowners don't vote on new construction. That's not how any of that works.

[–] Stumblinbear@pawb.social 1 points 1 year ago (1 children)

Homeowners absolutely have a say in their local elections, and there are many cases where they've directly prevented projects from moving towards.

[–] Cryophilia@lemmy.world 1 points 1 year ago

...by convincing regulators

[–] SCB@lemmy.world 0 points 1 year ago (1 children)

Local homeowners vote on zoning policy tho so he's basically being correct, just not about the mechanism.

[–] Cryophilia@lemmy.world 2 points 1 year ago

Local homeowners typically vote on representatives who then set local zoning laws. But either way, guess what that's called? Yep, regulation.