> However, Americans are tough and smart and can figure stuff out. These are just the current obstacles that exist.
The key problem is that these zoning decisions are occurring at the local level, where petty biases and NIMBYism plays out - shoving externalities at the neighboring cities is par for the course.
Yeah, I meant figure out the municipal finance thing. Local rule of land use has directly led to underbuilding, limiting rental housing, and high prices. If that changed and the market for housing was allowed to correct, it would create the municipal funding problem, and that's what I said that Americans are smart enough to figure out a solution to.
