[HN Gopher] Dutch Students Delay Graduation Due to Housing Short...
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       Dutch Students Delay Graduation Due to Housing Shortages
        
       Author : belter
       Score  : 23 points
       Date   : 2024-05-02 13:21 UTC (9 hours ago)
        
 (HTM) web link (nltimes.nl)
 (TXT) w3m dump (nltimes.nl)
        
       | casenmgreen wrote:
       | The Dutch have rent control.
       | 
       | Rent control means the end of new supply from the market. You get
       | new supply from and only from Government funding/projects, and
       | that works as well as any Government-run service. The supply in
       | Holland is inelastic. It simply does not respond to the market,
       | which is to say, to the level of demand.
       | 
       | So you end up with stories like this.
       | 
       | It's even worse in Sweden. In Sweden, last I knew, it's actually
       | illegal for a private person to rent from a private landlord,
       | unless the State gives permission. There's a queue to be given
       | permission, you accumulate points over time, and it takes about
       | two decades to be allowed to rent in central Stockholm.
       | 
       | Hard to imagine a worse fuck-up, and of course being State, it's
       | political, and it's impossible to get rid of.
        
         | Workaccount2 wrote:
         | People think you can legislate things into existance. Rent to
         | high? Just make high rent illegal and problem solved!
         | 
         | Reading it here looks like a joke, but there are huge swaths of
         | people continually prodding legislators to pass laws exactly as
         | knee-jerkishly naive as this.
        
           | legacynl wrote:
           | On the other hand you seem to think that letting the market
           | decide will solve all problems? That's hilariously naive.
        
         | Tade0 wrote:
         | The issue is way more complex than that and you can't just
         | blame it on rent control:
         | 
         | https://dutchreview.com/expat/housing/why-is-there-a-housing...
        
         | goosedragons wrote:
         | And that's why the housing situation is so different in other
         | developed countries without rent control, right? Like look at
         | the U.S, most states don't allow any sort of rent control and (
         | _check notes_ ) they're uh, hmm, only short 7.2 million homes?
         | Yup, no rent control sure is the fix. Definitely don't need
         | governments stepping and mandating housing. Where has that
         | worked? Singapore? Is that even a real place?
         | 
         | We need more private landlords with the freedom to randomly
         | raise rents by any percentage they want. Surely that's the only
         | way to get enough housing at affordable levels.
        
           | subtextminer wrote:
           | The biggest problem with housing the USA is largely local
           | zoning that artificially limits what can be built. Cities
           | that have minimal zoning such as Houston, Texas have rents
           | that have closely followed inflation only. In Houston there
           | is literally no zoning. While this has some bad side effects
           | in terms of ugliness it is highly affordable. Some
           | progressive US cities, such as Minneapolis and Austin, are
           | now liberalizing zoning to allow much more dense housing to
           | be built in central areas long mass transit.
        
             | wbl wrote:
             | Houston does have extensive density controls
        
           | sparky_z wrote:
           | There are a lot of different well-meaning policies that can
           | fuck up a housing market by restricting supply. Rent control
           | is just one of them.
           | 
           | This is like if you say that privatizing prisons is a bad
           | thing and then somebody else comes along and says "But look
           | at North Korea. They have state-run prisons and the prisoner
           | conditions aren't any better. Clearly, therefore,
           | privatization of prisons doesn't result in any bad outcomes
           | for prisoners." Just a total non-sequitor.
        
             | exe34 wrote:
             | He gave you 5 liberal countries and you literally had to
             | reach for North Korea for your false equivalence?
        
               | sparky_z wrote:
               | The particular country wasn't the point. I was just
               | illustrating the concept that just because Y exists in a
               | place without X isn't proof that X won't cause Y. But
               | that's kind of abstract, so I came up with an example
               | that I thought would resonate intuitively with the person
               | I was responding to. A framing where, if someone had
               | tried the argument on them, they would immediately see
               | the gaping hole without having to walk them through it.
               | Obviously, I don't know goosedragons personally, so it
               | was just a guess at what sort of example might make a
               | good illustration for them.
        
           | imtringued wrote:
           | Rent control is the antithesis of governments stepping up. It
           | is the equivalent of sweeping the problem under the rug and
           | declaring it solved. Go ahead and fix the problem.
        
           | bequanna wrote:
           | Check out Minneapolis vs St Paul building permits before and
           | after St Paul imposed rent control. Same geographic area with
           | roughly the same demographics.
           | 
           | All else equal, rent control discourages investment in
           | housing.
           | 
           | If the government wants to create more housing supply
           | themselves and charge some capped rental amount, I am cool
           | with that. But please don't tell private property owners what
           | they can charge.
        
             | quickthrowman wrote:
             | St Paul's rent control was incredibly stupid, it's not even
             | indexed to inflation. The market was flooded with landlords
             | selling duplexes annd anpartment buildings and developers
             | canceled projects. I voted against it, and I'm currently
             | renting.
             | 
             | St Paul had a more affordable rental market than MPLS, too.
        
         | switch007 wrote:
         | Rent controls. NIMBYs. Zoning laws. Builder skills shortage. An
         | excuse around every corner. When can we admit something bigger
         | is at play here? The market is being manipulated on a grand
         | scale. Every government seems to only pay lip service to the
         | issue while creating policies to inflate the assets. Now why is
         | that? Landlords have captured our policy makers. Many MPs in
         | the UK are landlords.
         | 
         | We're screwed
        
           | Tade0 wrote:
           | Hailing from a country where the population peaked in the
           | late 90s, housing developers build what they want, where they
           | want and where prices still increased in lockstep with the
           | rest of the world, I can attest to that.
           | 
           | There's no reason an apartment in a 80s commie block in
           | eastern Europe should go for EUR4k per square metre. You're
           | not getting your money's worth for that.
        
             | lifestyleguru wrote:
             | I feel this pain. Commieblocks were designed to last around
             | 50-70 years, yes they can stand longer but what kind of
             | architectural monument are they? Germans in the east simply
             | demolish them. Meantime in Poland?! "EUR 4k per square
             | meter muthafucka!". This would be absurdly ridiculous,
             | except it's real and I need housing.
        
         | stefanfisk wrote:
         | I don't know what you're referring with regards to Sweden.
         | While we have rent control there's plenty of private landlords.
         | Each city will usually have an official queue for rentals. But
         | private landlords are not obligated to use it. Larger private
         | landlords often hade their own queue. Smaller ones do whatever
         | they feel like.
        
         | constantcrying wrote:
         | Absolutely true. Rent control is the government trying to "fix"
         | a problem they set up to be unfixable. To be honest I think it
         | is by design, if nobody is willing to buy or build housing the
         | government, by default, gets control over it, so they can do
         | what it what they want.
         | 
         | Of course everyone on this website will hate you for suggesting
         | that price fixing has any effect on supply.
        
           | legacynl wrote:
           | It's not that rent controls dont have any effect, it's just
           | that the effect is not very significant. Rent controls have
           | existed long before the current housing crisis, it's not the
           | cause.
        
             | signatoremo wrote:
             | Rent control limits supply. It may not be a problem in the
             | past when there was less demand. It is a problem now.
        
         | legacynl wrote:
         | > Rent control means the end of new supply from the market.
         | 
         | Can you explain why you think this? The way I see it, rent
         | control just means that property developers will have to wait a
         | little bit longer before their investments start paying off.
         | They're still making massive amounts of profits, it's just a
         | little bit less.
         | 
         | The benefit of rent controls means that overall people will
         | have more money to spend, which benefits the overall economy.
         | In my opinion it makes perfect sense.
        
       | constantcrying wrote:
       | Just do what every generation who couldn't afford housing has
       | done. Move in with your parents again, you'll even save money.
        
         | vengefulduck wrote:
         | Assuming that living with your parents is a safe option which
         | for many, especially LGBT people it isn't.
        
           | constantcrying wrote:
           | Nothing makes life harder on yourself than making your
           | parents hate you. It is also extremely hard to do, no your
           | parents disagreeing with you isn't a good reason to never see
           | them again.
        
             | legacynl wrote:
             | > making your parents hate you
             | 
             | IDK if I'm misunderstanding, but it sounds like you think
             | LGBT youth make their parents hate them by being LGBT? In
             | my opinion it's the duty of the parents to foster a proper
             | loving relation with their children.
             | 
             | > no your parents disagreeing with you isn't a good reason
             | to never see them again.
             | 
             | I think that depends on what you disagree about.
        
             | chaoskanzlerin wrote:
             | There is nuance to this. Being queer and living with a
             | homophobic family means suppressing your personality in
             | everyday life in myriad ways, way beyond "being gay".
             | Moving out removes this tension entirely, well without any
             | need to abandon one's family altogether.
        
             | darth_avocado wrote:
             | > It is also extremely hard to do
             | 
             | It is surprisingly easy to do. You clearly come from stable
             | families, but parents can hate their children for a lot of
             | things: being different (everything from sexual orientation
             | to not being social), being not like them, being exactly
             | like them, not getting the grades they hoped for, not
             | babysitting your 5 siblings because you had to go to
             | school, not bringing in money, costing them too much money
             | by existing, not being a doctor in a family of doctors....
             | 
             | More often, it's not the children who don't want to see
             | their parents, its the other way around.
        
         | a_wild_dandan wrote:
         | That's a phenomenal idea! Time to find some parents.
        
         | darth_avocado wrote:
         | Works if your parents live in areas where employment is
         | abundant. Otherwise you'll waste years of your life lowering
         | your lifetime earning potential. I have personal experience
         | with this. In my first job, I had to move to a VVHCOL area and
         | my salary couldn't cover my monthly expenses, even after I
         | shared a room with a stranger. Eventually however, that
         | opportunity opened up better paying jobs. My friends who stayed
         | behind, unfortunately did not see such opportunities and the
         | outcome 10 years down the road is very different. Obviously
         | there's a lot more to long term success, but proximity to jobs
         | is one of them.
        
       | lifestyleguru wrote:
       | So who lives in all these sweet Dutch houses with doors painted
       | in green, prostitues? Maybe paying a prostitute per hour will be
       | chaper than regular monthly rent in Amsterdam.
        
       | leg100 wrote:
       | The degree to which the housing crisis is a global phenomenon is
       | generally understated.
       | 
       | Instead articles focus on individual countries and lay the blame
       | on their particular circumstances and policies, not the bigger
       | picture.
        
         | lifestyleguru wrote:
         | The economists mistaken one plus with minus in their models,
         | and so the wealth is being vaccumed up instead of trickling
         | down. Either way it boils down to these students not waking up
         | early enough, not working hard enough, and picking wrong
         | parents.
        
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       (page generated 2024-05-02 23:02 UTC)