There may be some environmentalists who have housing as a pet peeve or something, and there are lots of yuppies who want to defend their housing prices who might be liberal but I don't associate this position with leftism in any way.
There may be some environmentalists who have housing as a pet peeve or something, and there are lots of yuppies who want to defend their housing prices who might be liberal but I don't associate this position with leftism in any way.
The argument isn't that the left broadly construed opposes housing legalization! Just that there's a prominent faction of them that do. Right-NIMBYs are a much bigger problem across the US.
Thompson recently recorded a podcast episode with Zephyr Teachout, taking the "we shouldn't do anything before we address antitrust" side of the argument; you can listen to it if you think "the antitrust left" isn't a real thing. Understand: the issue isn't antitrust; it's a totalizing worldview based purely on antitrust. Antitrust is probably super important! But where I live, zoning reform is much more important.
Keep in mind: Klein and Thompson's political project is a plan to organize the Democrats. They're not talking to the Republicans. Not in the sense they're talking to Democrats, at least. I don't think they could make that much clearer than they have.
Leftists tend to feel very little solidarity with wealthy progressives and don't really vibe with their political interests, in general. It seems really weird that the specific label of "leftist" is being thrown around in this context. Especially in the context of organizing the Democrats where there is a meaningful and material difference between liberal and leftist.
Most leftists gag over current anti-housing laws (I wish that were true of the right, but right-YIMBYs make up a tiny minority of the political right).
Long thought extinct, sightings have been reported.
The effort to make it seem silly to think that there aren't enough houses because the industry whose job it is to build houses did not build enough houses is itself a little silly. Circumstantial as the evidence may be, it's logical to assume that they didn't because it was more profitable not to.
This willfully ignores evidence that community after community has actively passed laws to stop that industry from building more.
Chesterton's Fence: why do those laws exist? Because people thought they were necessary to stop housing construction (especially, but hardly exclusively, densification).
It's not a partisan thing - red states are full of NIMBYs and littered with HOAs too - but the largest cities in red states have happened to not be hit quite as hard yet because they are generally newer cities, with plenty of room to sprawl horizontally still, starting from a lower baseline.
The business model of construction companies is to buy a piece of property, develop it and then sell it for something more than the cost of buying it plus the cost of developing it. Constraining supply increases the cost of property which they then have to pay in order to acquire properties to develop. It isn't really in their interest to increase their own costs.
The most significant way it could be is if they were buying lower density units and replacing them with higher density units, so they'd be selling more units than they're buying and therefore benefit from the price per unit increasing. But in order to benefit from that they'd need to be increasing rather than decreasing the supply, which is contrary to the premise of them doing the opposite.
> The effort to make it seem silly to think that there aren't enough houses because the industry whose job it is to build houses did not build enough houses is itself a little silly. Circumstantial as the evidence may be, it's logical to assume that they didn't because it was more profitable not to.
Suppose that it would be profitable to buy a single family home and replace it 10 condo units, except that there is a law prohibiting you from doing that. Then it would be more profitable not to build those units, since doing so is illegal. But who is to blame for this?
Let's say for a moment that this is close but not quite actually the business model.
Let's say that the construction companies have spent a long time buying up vacant lots, faster than they are developing them, such that they now have a large inventory of land and would not have costs go up to continue operating if they did what you say.
What would you expect would happen in that case?
Moreover, notice how little sense that business model makes. To do that you would be sinking capital into vacant lots that you're neither developing nor receiving rents from while paying both property taxes and opportunity costs. You're paying interest on the loan or could have been getting ~10%/year by putting your money into the stock market. A real construction company would be trying to minimize the period they're holding an unproductive property.
And even if you wanted to be a real estate speculator, how does that make you more money than investing in rental properties and then actually renting them out so you receive rental income on top of any price appreciation?
Meanwhile, what, if not for zoning rules and other regulations, is preventing anyone else from undoing your attempt to constrain supply by opening up a new construction company which is actually a construction company?
Doing what I described in New York City is exactly how Donald Trump made an initial fortune back in the 80s. It's happening right now in Seattle.
The business model not making sense, is due to the incorrect assumptions you make. For one, that land or buildings in cities appreciate less quickly than the stock market.
> At that point you've ceased to describe construction companies and are now describing real estate speculators while calling them construction companies.
I'm not sure what you think the difference is in practice. There may exist some construction companies that don't engage in real estate speculation, they just aren't the big or most profitable ones. Which addresses:
> Meanwhile, what, if not for zoning rules and other regulations, is preventing anyone else from undoing your attempt to constrain supply by opening up a new construction company which is actually a construction company?
The fact that the most valuable land is owned by other construction companies who have more money because of the real estate speculation.
The total value of NYC real estate is approximately $2.8T. Trump has a net worth of something like $5B. Even if all of that was invested only in NYC real estate (which it isn't), it would be less than 0.2% of the NYC real estate market, which is hardly enough to have market power.
> The business model not making sense, is due to the incorrect assumptions you make. For one, that land or buildings in cities appreciate less quickly than the stock market.
That doesn't appear to be accurate. Metro housing prices have increased by more than wages but not by more than e.g. the S&P 500.
> I'm not sure what you think the difference is in practice. There may exist some construction companies that don't engage in real estate speculation, they just aren't the big or most profitable ones.
You're just pointing out that real estate speculation has been more profitable than construction, which is exactly the problem -- we make construction too expensive, on purpose, which is what increases the profitability of speculation. That some companies do both is a poor excuse to blame the construction companies for what the speculators are doing.
> The fact that the most valuable land is owned by other construction companies who have more money because of the real estate speculation.
Nobody even owns most of the land in any major US city, much less all of it. The properties that could derive the largest increase in housing units would be to replace single family homes with multi-unit complexes and the majority of existing single-family homes are owner-occupied.
There was one conservative dude who ran for city council here who was all about 'private property' and 'get rid of government regulations', who also ran against the idea of liberalizing zoning.
I've met left wing people who I agree with on many issues who will do the most spectacular, Olympic level mental gymnastics to avoid the notion that 'supply and demand' apply to housing.
There are moderate Democrats who are big backers of various reforms. And some on the far left who get that if you want Vienna style social housing, you also need Vienna style zoning and building regulations.
A former mayor here is a moderate Republican - he totally got what we were about and said some really nice things about welcoming new neighbors in one speech a few weeks after he met up with our YIMBY group.
It's just not an issue that - so far - has been slotted into the trench warfare that other issues have been.
It really does not map onto left-right.
Basically, all the arguments I've seen against Abundance tend either towards the ideological, or irrelevant. I tend to see very little empirical arguments.
Housing, though, could definitely use a better market with less constraints like zoning.
That said, the Abundance argument for building more housing is that in many local housing markets, the pendulum has swung too far the other way in ways that are well-meaning but ultimately counterproductive. This very article makes the case that oligopolistic economic power is not the reason for unaffordable housing.
https://bendyimby.com/2024/04/16/the-hearing-and-the-housing...
Can you show me an example of someone pushing this?
This is the crux of the opposition. It's not that leftists necessarily have a problem with zoning reform, I don't at least, its fine. It's that the "abundance" project is a play for control of the party by the same losers who gave us Biden and Kamala.
People on the left feel that we need to be speaking to economic problems that regular people face. "Think of the millionaire land developers" is a losing message even if it does indirectly help regular people 10 years later. It's not even actionable at the federal level.
Housing is that.
This just sounds like you want populist things and the outcome doesn't matter. Like price controls and tariffs.
"The dairy industry ran ads saying milk was good for you for 20 years and sales went down. Then they tried 'got milk' and sales went up" https://youtu.be/keCwRdbwNQY?si=kc14Ms7ECxglNgbl
Up north, Carney ran on a platform of building 500k homes annually, approx double the rate of housing starts. That's direct and done at the federal level, with billions in financing. It's impossible to be less timelagged than that by way of policy. So-called "affordable housing" qua government funding development (price controls after the fact notwithstanding) still entails hoop jumping and waiting for approvals, they don't spring up the next day.
The effects of zoning reform where they're implemented are reflected quickly as well. See: Minneapolis.
The general trend I see is that the left attacks the "Abundance agenda" without having read about it. Either that or the fact that it isn't just about market solutions is deliberately ignored.
I could get behind "build more" much more easily than "abundance". You're onto something there IMO.
Housing supply is the biggest economic problem that regular people face.
Ezra Klein & Derek Thompson did not bring us Joe Biden, Ezra became one of the most critical mainstream journalists of Biden. Their politics are meaningfully different.
I've been in leftist housing advocacy circles. I studied urban planning.
1) Every leftist I know who cares about housing hates euclidean zoning
2) Every leftist I know who cares about housing hates down-zoning
3) Every urban planning class I took said that euclidean zoning is bad
Euclidean zoning is the principle land use regulation in the United States because it is supported by powerful people, landowners and yes property developers (who are also almost always land speculators.)
Thompson and Klein misrepresent euclidean zoning as a leftist project and then set it up as a wicker man to stuff with all the environmental and labor protections they want to torch.
Leftists are not solely or distinctively responsible for exclusionary zoning and housing restriction in the US. Nationally, they're not even the biggest problem. But in many jurisdictions, places that should be the vanguards and test cases for housing reform, they are the controlling factor.
Which is why Derek Thompson addresses them so directly. What would be the point of aiming these criticisms at Republican-controlled municipalities? They don't share these values to begin with! They're not listening!
Right now, we have two parties actively propping up home values and the interests of the upper middle class. Klein and Thompson propose: what if on this issue we had two parties?
T&K are fundamentally dishonest about the role of euclidean zoning in american cities, who supports it and why it's so powerful. Their basic project is to strip environmental and labor protections by tying them to euclidean zoning and saying "it's all the same."
And by the way, they may get their way (Newsom is already forcing repeals of environmental protections in California while toasting Klein) but at the end of the day euclidean zoning will still be around, because it is supported by people who are way too powerful.
Another by the way: I remember fighting the big Chicago rezoning in 2004. They had us chasing our tails by trying to double the parking requirements and letting us fight to get them back down to where they were in the old code, feeling like we won a big victory.
Again: this is one of the 5 most progressive municipalities in the country.
Its both. That's the problem. In my neighborhood, the construction of any market rate housing will be blocked by Hillary voting land-owners and single family home owners and card-carrying Bernie Bros mad that a private developer even gets to set foot in the city.
It's this alliance that has basically blocked housing in most metro cities.
When it comes to 100% affordable housing, yes the Hillary voters are on their own, but those are like 1-2 headline causing projects. For every affordable housing project there are 10 market rate housing projects that never even see the light of day.
Several of the activist actually worked for this developer.
Real leftist housing rights supporters are not against developers. They are against for-profit, private equity, land banking speculators, and yeah nimby homeowners. In general we hated the Oak Park type nimby liberal more than we hated the right to be honest.
They certainly are in my neighborhood.
https://www.ourneighborhoodvoices.com/48-hills-cost-of-growt...
The “private developer risk” the article derides is an enforceable approval timeline that lets private developers have bounded risk. Apparently that’s a bridge too far.
I believe that for most people "leftists" means "on the left side of the political spectrum", and so, in the US, it would be a strict superset of democrats & Liberals. But for you, it sounds like it's only subset of these, based on some criteria you haven't made explicit.
Fair enough, but that's a somewhat non-standard definition.
I'm not even very far left and I identify with the term because party leadership are all 80yo and out of touch.
Voters feel ripped off by the establishment. Running on "we're the establishment and we're here to help" is a loser, and letting Trump be the rebel is malpractice.
Here's the definition of the word taken from macOS's built-in dictionary (New Oxford American Dictionary):
> leftist, noun: a person who has left-wing political views or supports left-wing policies.
> left-wing, noun: the section of a political party or system that advocates for greater social and economic equality, and typically favors socially liberal ideas; the liberal or progressive group or section
Anti-capitalist thought represents a subset, but is certainly not the sole marker of left-wing political thought.
Now, my _personal_ take on this is that western left-wing thinking and liberalism (in the moral philosophical sense) are deeply intertwined (given the Enlightenment and its values), but anti-capitalist thought is deeply illiberal in nature. It is this fundamental contradiction that leads to permanent infighting within the left-wing spectrum.
I think I'm injecting what I know from getting a degree in political science and a two and half subsequent decades of experience paying attention to how political terminology is used by scholarly, journalistic, popular, and activist sources across the political spectrum into the definition.
> Here's the definition of the word taken from macOS's built-in dictionary
And that's a tolerably decent definition for a relatively compact general dictionary, but it misses a lot of nuance; outside of activist sources using it as a slur for their opponents, it is not used in nearly the local-politics-relevant way that left/right (especially qualified with a national label, like "American left") is.
The parties are asymmetric. "Red state" implies very much on the right and is much more radicalized then democrats. But democrats themselves are centrists and unlike the republicans, tend to push away more radical parts.
“Abundance” appeals to the financial backers of the Democratic Party because deregulation doesn’t threaten them. But our problems are much graver that what YIMBYism can address: authoritarianism, climate change, austerity, warmongering toward China.
It’s because the wealthy block left-wing populism that so many people have turned to right-wing populism. Which is only making our problems worse.
At this rate, it’s only a matter of time before society cracks. There’s a good chance it doesn’t end well for the financial backers of “abundance.”
That's basically the position Klein has in the book Abundance, but everywhere I go online the left automatically comes out hostile to it or anything that embraces market solutions. Your anecdote might be true but beyond your small sample size it doesn't seem representative. Broadly, they want populist solutions. This is why Sanders and Warren gave a lukewarm criticism of tariffs, and why they like price controls for grocery stores despite their having small margins, and risk of food shortages it could bring.
Explain?
The major parties went with throwing more money at the problem.
I've been very involved in council-level politics where repeatedly the Greens members were aligning themselves with the right-wing members ("ratepayers rights"-type groups) when it came to delaying/blocking development permits, enforcing parking requirements, preventing/delaying rezoning, etc. They fundamentally don't understand the issue at all. All talk, no substance.
And that's before we get to the CFMEU matter, which I think was the final blow for them during the last election.
Many of the flats end up in the hands of landlords, who charge even more unreasonable rents.
There is no sense in which that's a workable long-term solution to the housing problem.
The Green pitch is "That's clearly not working, let's not do more of it." Which has nothing in common with "We don't want anyone to build anything anywhere."
Mamdani wants to freeze rents of housing that is already under rent stabilization. He is also an advocate for reform and deregulation, and working backwards from outcomes. He has been talking to people from the construction industry and one of their main concerns is predictable time scales. He seems very pragmatic.
This pitched debate may very well simply represent an attempt to forestall action by bogging efforts down in debate over what's effective or correct, of course. It's worked for any number of groups looking to forestall what seems like an obvious and inevitable solution: reducing lead exposure by banning its use in consumer products, reducing tobacco-related illness by making it difficult and more uncomfortable to partake, and, in our case, making housing affordable by letting prices fall.
Just let arguments stand on their own merits. The minute an article includes the term "lefties" or "righties", it's gone wrong imo.
The economy is too complex to be planned in details and such attempts at control have failed again and again.
I think some people also miss that, crucially, the market is not an external force, it is just the aggregate of each individual's need, decision, and desires. SO in a way a working market is as free and democratic as can be.
You can add regulations or limitations that incentivize the market one way or another to achieve social goals, but these distortions add up. And when there are too many distortions in the market, it stops acting how you want it to act, and starts acting how it will. And usually, that means negative unintended consequences.
People tend to call the Democrats the left, as they're at least somewhat leftward of the Republicans. It's at least easier for discussion purposes than speaking of the right and the other right.
In every American community, you have varying shades of political opinion. One of the shadiest of these is the liberals. An outspoken group on many subjects. Ten degrees to the left of center in good times, ten degrees to the right of center if it affects them personally.
They haven't changed.
https://en.m.wikipedia.org/wiki/Classical_liberalism https://en.m.wikipedia.org/wiki/Social_liberalism
If you'd like to learn, feel free to ask chatgpt on the leftish pushback against abundance. Or historical examples of leftists blocking housing projects. Or environmentalists prioritizing niche interests over those of the general community. There are many, many examples.
Local boards in blue cities (California in particular) have blocked new housing for decades using every tool at their disposal. Places that lean left have anomalous rent growth. Places that lean left approve fewer new houses. Places that lean left have anomalously high building costs. This is a matter of written record. Embarrassingly, the only US city to buck this trend is Austin, a city in red-Texas known for a recent influx of radicalized right wingers.
> yuppies who want to defend their housing prices
Yuppies, but definition, are young professionals. They don't own houses, they rent. They are the ones paying the high rental costs as neighborhoods gentrify. They want more housing. The 35+ home owning population is the one that blocks new housing.
> I don't associate this position with leftism in any way
The leftist - YIMBY conflict shows up on 3 fronts.
First, Leftists have issues with the free-market. They reject market-housing solutions as a way to create new housing.
Second, Leftists like Govts and regulation. YIMBY wants less regulation, so they can maximize for space and price. Regulated Govt built housing is both more expensive and worse than what free markets already provide.
Third, and the most important, is a subtle accusation: "Leftists act just as selfish as everyone else, once they are the ones in power". Having come from an ex-socialist country, I have a deeply rooted belief in this accusation. Not that leftists are worse people, but that people are people, and systems should work around their imperfections rather than having expectations of ideological virtue.
The anti-trust left is a nice way to point a sub-section of the left which uses regulation, social outrage and critiques of free-market as a way to get personally beneficial outcomes, at the expense of the wider population. I understand - #NotAllLeftists. YIMBY & abundance advocates themselves have left-sympathies. But the anti-trust left is a non-trivial number and the conversation must start from acknowledging that they exist.
Do with that information what you please.