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0 sats \ 0 replies \ @SimpleStacker 13h \ on: Federal Loan Programs Can’t Keep Pace with Growing Clean-Water 7.3M BTC in Needs Construction_and_Engineering
I feel like this is one of the key sentences.
In my academic research, I have been showing that bureaucratic red tape is a major barrier to housing production.
It's a different twist on the already well-established understanding that regulatory stringency hinders housing production: It may not even be the strictness of the regulations themselves, it may be all the red tape that projects have to go through. So, for example, regulations can hinder housing production even if all projects ultimately get approved, simply by slowing down the process and gumming up the pipeline, which also discourages devleopers from even starting in the first place