80,000 Hours Podcast

#211 – Sam Bowman on why housing still isn't fixed and what would actually work

182 snips
Dec 19, 2024
In this insightful discussion, economist Sam Bowman, editor of Works in Progress and a housing policy expert, addresses the current housing crisis exacerbated by 'NIMBY' politics. He argues that political obstacles, not technological barriers, are the main culprits behind stagnation. Sam proposes innovative solutions like 'street votes' for community engagement and highlights the importance of compensating affected residents in urban development. He also critiques outdated regulations that hinder progress while showcasing global housing strategies to inspire change.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
ANECDOTE

Planning Costs

  • The Lower Thames Crossing tunnel's planning documentation cost £297 million.
  • This doubled Norway's cost of building the world's largest road tunnel.
INSIGHT

Stagnation in the West

  • Western countries, especially the UK and California, struggle to build essential infrastructure.
  • This stagnation impacts economic growth, birth rates, climate change, and public health.
INSIGHT

Harms of Housing Restrictions

  • Restricting housing construction has wide-ranging negative consequences.
  • These include high rents, limited economic opportunity, reduced innovation, and increased inequality.
Get the Snipd Podcast app to discover more snips from this episode
Get the app