Vance, Walz Agree on Housing

This is a ROhio news story, published by Reason Magazine, that relates primarily to J.D. Vance news.

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housing market

Reason Magazine

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Contra J.D. Vance and Tim Walz, housing should be a 'commodity'

Summary

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67% Informative

Sen. J.D. Vance ( ROhio ) and Minnesota Gov. Tim Walz (D) were both in alignment on the notion that housing shouldn't be "a commodity" Frida Ghitis: Walz and Vance agree that Wall Street and illegal immigrants should not be a commodity.

She says it's a mistake to think that a free market would transmute rising demand into ever higher prices.

Ghitis says the idea of a commodity is something of value that's bought and sold like normal product.

With zoning codes limiting how much new housing can be built at one time, the size of home-building firms has fallen, reducing economies of scale and construction productivity.

Building codes dictating how homes have to be built has further helped to close off innovative construction methods.

New technology that promised to automate construction tasks has repeatedly failed to take off.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive