@moron4hire: It's a good point. But there are side effects of reducing residential property. What happens to the city's economy when everyone's commute is doubled because housing in the city is becoming prohibitively expensive as supply shrinks? Without zoning laws, how do you attract people to move to your city when there's no guarantee their apartment building will still be an apartment building once the lease is up?
To answer the question, I think it's the city government's job to balance the interests of people and businesses that reside in the city. In a perfect world, every side effect and externality would be neatly quantifiable, and municipal leadership would be fair and evenhanded. For now, we have to trust that the feedback loop of election will produce pretty good solutions to problems. I can't think of a better way to approach things in the current system.
Comments
@moron4hire: It's a good point. But there are side effects of reducing residential property. What happens to the city's economy when everyone's commute is doubled because housing in the city is becoming prohibitively expensive as supply shrinks? Without zoning laws, how do you attract people to move to your city when there's no guarantee their apartment building will still be an apartment building once the lease is up?
To answer the question, I think it's the city government's job to balance the interests of people and businesses that reside in the city. In a perfect world, every side effect and externality would be neatly quantifiable, and municipal leadership would be fair and evenhanded. For now, we have to trust that the feedback loop of election will produce pretty good solutions to problems. I can't think of a better way to approach things in the current system.