Zorba
Lifer
- Oct 22, 1999
- 15,613
- 11,255
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Again, you have done nothing to show that multi-family housing is effectively banned in OKC. Pointing at a zoning map, spouting a percentage, with no other information or context is not useful. This is why your argument is weak. OKC does not ban multi-family housing. There is a shit ton of multi-family zoning without multi-family on it. They approve zoning changes basically any time they come up. Yet the default construction is still single family. Basically your argument is that because you can't easily put an apartment in the middle of an established neighborhood, apartments are banned. (Even though I already provided you an example of where OKC rezone an existing SFH neighborhood for apartments).I would love to see a single example of cities without these limitations. The only one he mentioned was OKC, but as I showed the restrictions on housing there are tremendous - the vast majority of the city has everything but SFH banned.
Induced demand for housing in the aggregate isn't really a thing. Induced demand for driving is a thing because driving is optional as opposed to other forms of transportation (broadly speaking). Having a place to live is not. Sure there are rare instances where very wealthy people own homes they don't live in and leave vacant when they aren't around but for the vast majority of the population the home they own/rent is the one they occupy.
I mean I guess if housing were cheaper people who are currently homeless would move into a house but I would hope we all agree that's a good thing.
If people are so eager to build multi family why aren't they filling up the areas it's currently allowed in and begging for more?
The vast majority of Texas and Kansas are similar to OKC from my understanding, very low restrictions and raising prices.
People choose to have room mates and stay living with their parents because of expensive housing, if housing was cheap they wouldn't. Just like when driving is fast and cheap more people do it more often. I guess you can make an argument that this is pent up demand, not induced.