This is a problem with not having a single government communist country. Do you want imminent domain from a strong federal government dictating local building? Do you want the Chinese model????This kinda gets to the heart of the problem. This is just a Libertarian argument if you can't acknowledge that there is risk that comes with deregulation. He's using the Great Recession and the housing deregulation leading up to it as an example of risks.
He quite literally acknowledges that there are places where deregulation can help open up "choke points" but isn't limiting his solutions to deregulation because that's failed before since it didn't do enough to shield purchasers from profit motives here:
The Klein-Thompson view is that Democrats clogged the building channel with unnecessary or just burdensome rules. My view is that powerful forces profit off choke points and want them to remain. Joe Weisenthal had a particularly insightful explanation of this dynamic, noting that “any impulse to abundantly build out less profitable lines of business undoubtedly strikes at the heart of how American capitalism works.” Even in housing this is true, as homebuilder cartels have been building less and making more money by hoarding land.
You can’t have it both ways.
Homebuilders have been guided by zoning restricting their ability to build. Look at Houston and look at Los Angeles. C’mon now.
I’m tired of this utopian bullshyt from leftists and you yourself should be asking more from these seemingly comfortable answers being provided.These viewpoints can be complementary, but only with open eyes. If we want to build to productive ends, building power to take down finance and monopoly is the best way to make that happen. The Biden administration’s attempt to do that was uneven and too neglectful of the short term, but directionally correct.
Of course, in a perfect world we get a corruption free world where finance isn’t exploiting people and monopoly power isn’t used to reduce the amount of housing.
But thats not the world we live in. We’ve had decades of leftists guilt tripping people with NIMBY movements by whining about gentrification, now you’re telling us we have to remove mortgages as a funding mechanism before we can break ground.
When is the time for you all to stop arguing and start DOING?
We need a more libertarian view on housing.I'm italicizing a key point here. These People aren't rejecting the abundance agenda. They're saying not to slip into Libertarian levels with this shyt. "Build, Baby, Build" without a critique of power is literally the Cato Institute shyt.
You focused on single family housing, not multi family housing and apartments. If everything is zoned for single families with minimum lot sizes, then thats all you will get.
A “more robust solution” sounds like a branding exercise for professional pontificators.See, this is where you seem to be chasing a fight instead of reading with any kind of open mind. I'm quoting Dayen's conclusion that Abundance and Anti-monopoly strategies can be married for a more robust solution, and you say there's no reform focus and that he's laying out "obstacles to progress."
Dayen’s business plan is to call out corporate grift. Dayen isn’t an urban planner or a city designer. Dayen isn’t interested in getting young people apartments and housing or doing everything possible to develop new places to live.
Dayen wants his readers to get mad at CEOs doing complex tax schemes and skimming off of rebates.
More and more places keep proving this critique wrong. People want results.Warning not to go full Libertarian with this shyt isn't the same as abandoning the concept altogether. Especially when he gives a very real example of the dangers of Deregulation that one of the literal authors of the Abundance Agenda acknowledged.
Ehhh what? That article is focused on the risks of unfettered Deregulation from a historical context. It's not talking about magical government housing, you're just throwing out a strawman. To quote Dayen:
Substituting that with a lens that simply preferences action is dangerous, precisely because what we call deregulation really just shifts regulation (that is, the rules of how markets operate) from government to private hands. During the housing bubble, bankers structured the market to their own ends, and it resulted in catastrophe.
One university town holds the key to solving America's housing shortage
Building more high-density apartment buildings can boost housing and lower home prices across a city. Cambridge, Massachusetts, is doing just that.

The housing bubble was because people were taking mortgages from corrupt loan terms and buying homes they couldn’t afford to maintain. The housing bubble had nothing to do with 1 bedroom apartments in dense urban cores.